Victorian Treasurer Tim Pallas has pre-announced Land Tax changes ahead of Monday night’s state budget. Expect a dramatic budget contraction as Victoria’s key ‘own revenue’ source, Stamp Duty, has shrunk with the fall in both property transaction volumes and prices.…
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…
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…
Renegade Economists Show 574 As broadcast on the 3CR airwaves 5.30 – 6pm Wednesdays. Subscribe to the monthly podcast. Show Notes Karl returns for the 1st monthly show, with a focus on Property Rights. Just how much of an advantage…
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…
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…
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:…
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…
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!
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…