In the second leaders debate of the NSW election campaign televised tonight, ALP opposition leader Luke Foley proposed buyers be allowed to defer Stamp Duty, allegedly to ‘help improve housing affordability’. This idea must be condemned. Either Mr Foley is…
Westwood Capital, a US finance firm, have a slide set out trying to pretend all is well with the US property market. I can’t recommend their thesis of US housing shortages and rent hikes, but perma-bulls might enjoy being stroked.…
Cross posted from the Rational Radical, Matt Ellis There is no agenda for Australian youth MATT ELLIS Intergenerational theft There has been much talk in the last few weeks and months about intergenerational fairness, in part because of the release…
The Abbott government’s lurch at a foreign investment fee to fund the Foreign Investment Review Board will be a minor inconvenience. The AFR: Mr Abbott said the fee structure was comparable with a system in New Zealand but less punitive…
Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2014 Hernan Pinera The Climate Fund Under Our Feet – this Thursday! Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter: Karl…
With Sydney’s clearance rate hitting 87% on the weekend and a modest 3 BRM weatherboard homes selling for $1.36m, (some 40 minutes commute from the CBD), concerns over the role of speculative investment continue. The ‘golden ticket’ to fast track residential…
The federal Social Securities Minister Scott Morrison has again this week revealed just how reluctant politicians are to discussing the sacred cow – the family home. With the Federal Government struggling to build a narrative for budgetary integrity, discussion has focused…
Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2014 Nicolas Mirguit The Climate Fund Under Our Feet Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter: Karl Fitzgerald RSVP Last…
Prosper has serious concerns about the equity and economic efficiency of the reform proposals reported in the media as coming from cabinet ministers - notably broadening the GST , which is a regressive tax. Our submission spells out why.
Last night I attended the Melbourne City Council’s Future Melbourne Meeting to speak on the dangers the Andrews Government rating cap has placed on council revenue raising. Cr Stephen Mayne had an interesting motion that caught my eye via twitter:…