Commentary

I need a pay rise. Something deep and structural…

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For our collective angst over Australia’s economic decline, wage growth is an indicator most dreadful. Look into the eyes of stagnating wages growth and see property markets crash, governments crumble, and hi-viz-vested citizens burning bankers in the streets. What the people need is a pay rise. Labour are putting a ‘living wage’ on their flagpole […]

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How much is a politician’s skin worth?

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  The IMF has added its voice to the calls for Australia to reform how we tax ourselves to be more productive, fairer and better placed to manage the headwinds ahead. Its annual consultation report with the Australian government says: “Stamp duties should be replaced by broader land taxes, which would strengthen incentives for efficient […]

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Will Rents rise under Labor?

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The proper function of the property industry is to keep the productive economy housed as cheaply as possible, so that investment in future production is not crowded out by the cost of occupying space — that is, by the cost of mere existence. To serve this purpose, the property industry must itself be productive — by […]

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LVT Animated

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Dominic Frisby teams up with animator Leon for one of the best animations yet on the need for a more effective tax system. Share this one!

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Individualism and collectivism reconciled

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Letter to the Editor AFR, 21/11 Aaron Patrick appears to rue the fact that Professor Joseph Stiglitz has moved beyond standard neo-classical economic theory in pointing out the flaws of monopoly-capitalism, and especially the now entrenched failure of this system to deliver a fair rate of wages to workers. Stiglitz is clearly very concerned about […]

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Is there anything to fear in Dan Andrews tax plans?

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Victoria is two weeks out from an election and finally somebody is talking revenue policy. The Liberals have launched a new website, in ominous shades of red and black, detailing the government’s taxation agenda. The website reveals Labors’ shocking new taxes (9) and their dastardly agenda to increase taxes. While the site is designed to […]

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The other vacancy report. New rental streams from excess car parking?

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According to the lovely Dr. Elizabeth Taylor over at RMIT, parking in Melbourne’s city centre now occupies the equivalent of 225 MCGs. The main reason for this bounty: minimum car parking requirements in the planning scheme. These requirements compel developers to provide a ratio of private car parks in all new developments. Cost for land […]

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Affordability runs on the board

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Dr Cameron Murray on actual housing affordability policy that works. A short video on two policies at least FOUR times more effective than the dominant paradigm of ‘build more houses’. These are excerpts from the 127th Annual Henry George Commemorative Dinner, where we launched Cameron’s Unspoken Alternatives to Expensive Housing. See the full speech and […]

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Post GFC: The Quest to Own the Future

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Christopher Burns First published in Progress Magazine #1124, this article is timely upon the ten year anniversary of the Global Financial Crisis. Please note the first graph when reading the many GFC related articles this week. Not content with blowing up the global economy in 2008, Wall Street quickly moved to extend its’ grasp on […]

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The 2018 EJ Craigie Award winner

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Last night Warwick Smith, Senior economist at Per Capita was awarded the EJ Craigie Writing Award for his piece The big spending Victorian state budget is built on Australia’s worst tax. Warwick quickly laid out the damaging effects of stamp duties and then moved on to show another innovative ACT policy move, with the transition […]

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