Victoria’s new Housing Partnership shows a lot of promise. The devil will be in the detail. Prosper Australia unpacks the issues.
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Australia: Made for Free Trade and a Tax on Rent
132nd Henry George Address by Professor Ross Garnaut Australia: Made for Free Trade and a Tax on Rent (Transcript of speech recorded at the Kelvin Club, Melbourne, 7 September 2023. Lightly edited for clarity and brevity.) Thanks, Tim, and very good to be here with...
In Australia, why do people who produce nothing get rewarded the most? – Waleed Aly
If we’re going to have to rethink our tax system, rent-seeking seems a good place to start. Perhaps if we taxed productive profit less than its unproductive counterpart, we’d have the seedlings of a system better designed to meet what the Intergenerational Report warns us is coming.
Prosper Australia welcomes Inquiry attention to Stamp Duty to Land Tax transition
Prosper Australia welcomes Inquiry attention to Stamp Duty to Land Tax transition Prosper Australia today commended the Victorian Legislative Council’s Inquiry into Land transfer duty fees for their careful attention to the difficult issues involved in transitioning...
How to tax superprofits: a lesson from the sunshine state
Last year on budget night, Queensland caught the coal industry off-guard, announcing three new upper-level tiers to the state’s royalties regime. Queensland’s previous royalty schedule had only two brackets: seven per cent up to $100 a tonne, then 15 per cent for...
NSW quits, Victoria hits
It’s been a big week for property tax. On Sunday we learned the new NSW government was extending stamp duty concessions for first home buyers and will introduce legislation this week to scrap the former government’s ‘opt-in’ stamp duty to land tax scheme. We don’t...
Submission to the Victorian Legislative Council Inquiry into Land Transfer Duty Fees
Prosper's submission to the Victorian Legislative Council Inquiry into Land Transfer Duty Fees reflects our evolving thinking around the core motivations for the reform. 14 April 2023 Prosper Australia is an independent research institute focused on the management of...
Melbourne’s Pandemic Rental Dynamics: the limits of faster housing supply to tackle affordability
Prosper's latest report sounds a cautionary note for policymakers placing market supply at the centre of affordable housing policy. Report author, Dr Tim Helm, Prosper’s Director of Research and Policy, described the report, entitled “Melbourne’s pandemic rental...
Henry George & The Science of Political Economy
Friday May 5th, 2023 6:30pm School of Political Economy, Level 1, 49 Smith Street. Free event. All welcome. Register at Eventbrite Henry George (1839-1897) rose to fame as a social reformer and economist amid the industrial and intellectual turbulence of the late...
Pandemic rental dynamics: an (un)natural experiment in excess supply
Tuesday 21st March The Kelvin Club, 14-30 Melbourne Pl, Melbourne VIC 3000 map 5:30pm Join us in-person we present findings from our latest research note - Pandemic rental dynamics: an (un)natural experiment in excess supply by Jesse Hermans and Tim Helm. You’d...