Another day, another parliamentary inquiry

The House of Representatives economic committee inquiry into Home Ownership was opened with fanfare and encouraging comments by chair John Alexander (Liberal, Bennelong): “Some have said we are on track to becoming a Kingdom where the Lords own all the land and...

Free the people – use good taxes

The Housing Industry Association’s Harley Dale and the Urban Development Institute’s Michael Corcoran have called for the repeal of Stamp Duty in favor of a broad-based land tax, News Corp reports today. Both lobby groups fear an extension of the GST to...

The valuation conundrum – not.

By Bryan Kavanagh and David Collyer   This week’s game-changer, the Property Taxes paper by Grattan Institute has a minor error on land valuation that needs correcting before it becomes a gift to the opponents of reform.   Grattan is acutely aware that on this topic...

A Real-Assets Model of Economic Crises

Will China Crash in 2015? by Mason Gaffney As published in the American Journal for Economics and Sociology Abstract. Loosely derived from Henry Georgeís theory that land speculation creates boom-bust cycles, a real-assets model of economic crises is developed. In...

The Land Situation In Mexico

This article was originally published in Progress Magazine in July 1977. By David Simmons, Director, Instituto de Estudios Ibero Americanos, Saltillo, Coahuila, Mexico. One of the reasons for the comparative stability of Mexico during the past 50 years has been the...

Greybeard and the Hipsters

It has been so long since the last recession 1990-91 that anyone who experienced it in business or the workforce is an old white guy – they are at best in their late 40’s and the beard sprouts grey. Let me give you some human insights, hipsters. Recession is like...

The land tax strumpets

Two organisations share the acronym PCA: the Property Council of Australia and the Prostitutes Collective of Australia*. One makes a useful civic contribution, the other is a bunch of filthy whores who will do anything for money and deserve universal condemnation for...

The great land banking scam exposed

by Cameron Murray Property development can be a dirty business, particularly when it comes to land-banking, which is the speciality of Australia’s largest developers. Land-banking involves the speculative buying of large parcels of land that are currently unsuitable...