Tweaking individual policies will not deliver the change Australia needs: we must capture the consensus and commit to reforming our tax system away from earned and onto unearned income.
BLOG: Commentary
Why housing supply starts when speculation ends
Prosper’s Director of Research and Policy, Tim Helm, was interviewed by Cameron Murray for the Fresh Economic Thinking podcast on 9 November 2023. Their conversation covered the relationship between the prices of land and housing, how to define and measure...
How I learned to stop worrying and love land value uplift
Presentation to the Planning Institute of Australia's Victorian Conference, October 13, 2023 Today I want to take you on a rapid intellectual journey, a therapeutic crash-course, to convince you all to stop worrying about housing affordability – and instead, to learn...
Landowners need to step up to the housing emergency – or get out of the way
Prosper Australia today welcomed the announcement that the Vacant Residential Land Tax (VRLT) will be expanded to include suburban undeveloped and regional sites.
Victoria’s Housing Statement – A promising start, the details will determine success
Victoria’s new Housing Partnership shows a lot of promise. The devil will be in the detail. Prosper Australia unpacks the issues.
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...