The unfolding ICAC investigation in NSW is set to reveal the tight network between property developers and the political process. Neil Chenoweth, lead investigative journalist at the Fin Review has written this extraordinary piece, outlining just how effective counsel...
BLOG: Commentary
Housing: Investor support continues with Significant Investment Visas
Each day passes with policy enhancing the never ending Great Australian land bubble. Three of note include: the recent sale of $500m in Australian sub-prime loans by non-bank lender Pepper (AFR, paywalled), bundled together as Residential Mortgage Backed Securities....
REIWA: Abolish Stamp Duty for State Land Tax
Yesterday REIWA president David Airey issued a call in the West Australian newspaper for the WA government to abandon Stamp Duty and fund this by removing the many wheezes from the tattered State Land Tax. Hooray! Airey says: “It’s time to recognise that stamp duty...
Total Resource Rents Magazine
Thimk, Grattan Institute, Thimk!
If the Grattan thimkers wanted to reignite prosperity and national competitiveness, they would look at the cost of land – for Rural, Manufacturing and Services, for business and for workers alike. Inexpensive land de-risks all economic activity. We have been bloody fools to abandon this vital natural advantage to the ticket –clippers.
HIA: Negative Gearing barely costs economy
An interview on Lateline Business with Harley Dale (HIA) and Saul Eslake makes for interesting viewing on whether Negative Gearing will be grandfathered and quarantined to new housing only in the upcoming May budget. At about the 10 minute mark Harley Dale makes an...
The ABS values Australia’s assets
The latest report by the Australian Bureau of Statistics on the world leading System of Environmental Economic Accounting was released yesterday. The ABS have taken a lead role in developing the system at the United Nations level over the last decade. Last year the UN...
An Economic Story for Artists
by Pat Aller Arden, Delaware July, 1999 The Georgist Philosophy in Culture and History: How to Broaden Our Focus to Strengthen Our Message. We've been asking this question for over a century. The very fact that we are in Arden attests to George's influence on culture...
Inter-Generational Tax Inequity
Written by Leith van Onselen and cross posted from Macrobusiness. Business Spectator’s Rob Burgess wrote a great article over the weekend arguing how the current structure of Australia’s Budget risks generating a generation of tax slaves, as younger generations are...
The Senate Housing Affordability Inquiry: Prosper’s submission
Australia has blown a land bubble of immense size. This troubling reality has finally come to the attention of the Senate and obliged it to examine the matter. Prosper Australia's submission to the Senate Housing Affordability inquiry examines nine key economic...