That’s what the locked out generations may well name Self Manged Super Funds in time. With all the talk about superannuation reform coming out of Canberra, we thought it timely to ask why the latest in speculative subsidies isn’t under…
The ABS House Price Indexes 8 Capital Cities Dec 2012 6416.0 was released this morning and shows prices rising 2.1 per cent for the year and 1.6 per cent for the quarter. This result will encourage those who see…
The mascot of the anti-land-tax campaign is the “poor widow” — you know, the one who will allegedly be forced out of her home because she doesn’t have the cash flow to pay the tax on the astronomical value of the…
The latest annual Demographia International Housing Affordability Survey ranks all Australian capitals as Severely Unaffordable. They’re right and the statistics back them. Housing has two elements, the building and the land. What fluctuates is the land price; structures are…
By Philip Soos Is Australia’s residential property market in a price bubble? This question has been much debated over recent years as housing prices leaped then slowly receded, resulting in entrenched views on both sides. Certainly, mainstream opinion is…
15 January 2013 MELBOURNE – The REIV yesterday forecast stable or declining nominal rents if current trends continue. This means rents are falling in real (after inflation) terms. “Shrinking residential rents are a profound set-back for negatively geared property investors,”…
Changing the GST was always intended to be hard and is getting harder by the week. Under the so-called intergovernmental agreement on implementation of the GST, any change in the rate or the base required the unanimous approval of the…
13 December 2012 Citizens deserve the truth: property prices are down -8.6 per cent nationally in real terms. Removing inflation from real estate prices reveals falls from peak of -11.2 per cent in Melbourne and -11.6 per cent in Brisbane…
11 December 2012 Charging Victorian taxi license holders a stiff annual fee as Prof Allan Fels proposes should be welcomed by every citizen and immediately enacted by government, says Prosper Australia. “TaxiLink director Harry Katsianabis manages 160 taxi licenses worth…
15 November 2012 The mining investment boom that carried Australia though the Global Financial Crisis is declining rapidly and new engines of growth are urgently needed to steer around the ‘Controlled Depression’ that is driving the world into a spiral…