MELBOURNE:- Very poor residential land sales have prompted fresh pleading for the construction industry by the Housing Industry Association today in ‘Land Sales Signal Slow Home Building Recovery’ as new home buyers remain unwilling to commit at current high land…
‘A Guide to Property Values 2012’ by Victoria’s Valuer General was released July 5. It has been comprehensively ignored. The report dissects property transfers and prices lodged with the titles office. This dataset is the actuals, the definitive historical record,…
By Sam Oldfield, an economics student at Latrobe University and an Associate at Prosper Australia. The Rudd government’s sudden increase in cigarette taxes completely disregards sound economic practice. Joe Hockey calls it “policy on the run” – he couldn’t be…
Places Victoria, a government agency that once competed with private land developers to limit their pricing power, is to sell all its remaining land holdings on Melbourne’s outskirts to a single buyer, the AFR reports today. Rebecca Thistleton has Places…
The Herald Sun reports research by PRD Nationwide showing that on average, across all Melbourne suburbs, the presence of a railway station in a suburb adds about $48,000 to the value of the median “house” in the suburb. This average rises…
It is often said those who fail to understand the mistakes of the past are bound to repeat it. In one area, this holds spectacularly true: the residential real estate market. History has shown time and again the fortunes of…
Everybody duck! A property spruiker has taken exception to Philip Soos’ panoramic chart pack of Australian property values. Cripes! Pete Wargent is an investment advisor and auto-publicist who operates toward the breathless end of the investment spectrum. His new book…
Andy Moore, President of Prosper Australia. May 31st, 2013 We are here tonight for the launch of a new look and invigorated think tank – Prosper Australia’s new Punch Lane address – as we migrate closer to the corridors of…
Prosper Australia sees free access to quality land price data as a major way to reduce information asymmetry between buyers and sellers. In other words, it is harder to fool people who know the market price and where it is…
15 May 2013 MELBOURNE:- Yesterday’s federal budget highlights again Australia’s unbalanced reliance on wage and salary taxation for government revenues, says Prosper Australia. “Taxation discourages. That is why we tax gambling, alcohol and tobacco. Unfortunately, it has the same effect…