The Barnett government in WA is advertising for someone to forecast what its tax and royalty revenues will be. Earlier official predictions, notably on iron ore royalty revenue, have proven wildly inaccurate. The advertisement specifically calls for macro-economic and econometric…
By Gavin Putland. Cross-posted from Land Value Research Group. Of all the proposed reforms to negative gearing, the one with the best chance of being supported by a major political party — hence the best chance of getting through Parliament…
ACIL Allen Consulting released a misleading report commissioned by the Property Council of Australia and the Real Estate Institute of Australia about negative gearing. Among its claims are that middle income earners are the primary beneficiaries of negative gearing (debunked…
Australia’s most high profile business reporter, Alan Kohler, turned up unannounced this week to find out about the group behind the rising interest in Henry George and Land Value Tax. Cross-posted from Business Spectator ($): Almost 120 years after his…
As published in The Age and online, highlighting today’s seminar. by Clay Lucas The rezoning of land by state governments across Australia is so open to routine corruption and manipulation by a “mates network” among both major political parties that a…
by Matt Ellis So bubble mania has finally hit the mainstream. The housing bubble question has landed squarely at the feet of the Prime Minister and his treasurer, and only 10 to 15 years late… What a relief it is…
Prosper member Ron Johnson featured in today’s Australian Financial Review: Phillip Coorey (“ACT land tax may please wonks but that’s about all“, AFR, June 6-7) claims that the ACT government commenced its tax reforms with “no mandate, no public discussion,…
The Treasurer who told us to simply change jobs to afford skyrocketing Sydney has revealed his real motivations for ignoring the land bubble. He dropped the bombshell on 3AW with Neil Mitchell: “Yeah, well I come from a family of real estate agents…” …
Read about this landmark methodology by Cameron Murray and Paul Fritjers, modelling game theory from thousands of cosy relationships to determine the likelihood of beneficial re-zoning outcomes. Cameron was interviewed on the Renegade Economists last week. Stay tuned for more…
The Andrews Government infrastructure jewel – the removal of level crossings – is already creating positives. Local agents say the removals, which will set the rail line below road level, will increase the desirability of properties in the immediate area and have…