Commentary

2019 Federal election policy comparison

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The 2019 Federal Election is only a few days away… But how can you maximise your vote to shift the tax system away from unproductive rent seeking? Which parties have the best policies to deter land speculation, and reduce wealth inequality from inflated land prices? Prosper has produced a brief policy scorecard for parties with […]

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Work With Us

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Prosper Australia is currently looking for a Marketing Communications expert. Full details can be found here. Prosper Australia is an independent, not-for-prot organisation campaigning for economic justice. Our agenda includes research and advocacy for reforms such as land value capture for transport infrastructure, rezoning windfall gains taxation, shared equity housing models, recombining natural monopolies, and […]

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Property Rights tilt the playing field for generations

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Renegade Economists Show 574 As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays. Subscribe to the weekly podcast. Show Notes Karl returns for the 1st monthly show, with a focus on Property Rights. Just how much of an advantage are they and how can we re-balance these opportunities? Along the way we visit a […]

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Finally, Negative Gearing oversight

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Have you ever wondered what oversight is provided to ensure investors place their properties on the market at market rents? Or do some push rents higher so they fail to rent and NG writeoffs are accentuated? Recently the Greens senator Peter Whish-Wilson had the following ‘questions on notice’ answered by the ATO in the Senate […]

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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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