From the Canberra Times 5 April 2012. Your article “Capital’s housing prices highest in the country” (April 3, p1) was missing one very important word – land. As we move toward Canberra’s centenary celebrations it is time to reflect on…
photo credit: Lee Carson The term corporate espionage has been taken to a new level in what surely ranks as a more significant than the phone hacking scandal.The revelation that News Corporation, via its News of the World Paper, hired…
photo credit: Peter Blanchard The failure of both sides of politics to understand the role of effective public finance is undermining Australia’s future. Stamp duties in Victoria are plummeting, undermining the Baillieu government’s determination to deliver a budget surplus or…
The Basics in 4 Easy Lessons Tuesdays in April starting on the 3rd, 6 – 8pm Presenter: David Brooks 1/27 Hardware Lane, Melbourne Free event – RSVP You are invited to a free course presented by Prosper Australia’s David Brooks…
Lloyds Bank is selling a $2.1 billion book of bad Australian commercial property loans and expects to take a fifty per cent haircut. There is more. Morgan Stanley is alleged to have bought a Lloyds’ Gold Coast loan book with…
The land market is totally ‘gamed’ by spruikers spouting charming but misleading anecdotes and snippets of information, merely to foster ‘confidence’ and keep the mammoth Ponzi scheme going – even in a falling market.
Treasurer Wayne Swan has posed a challenging question to Australian society with his piece in The Monthly, asking ‘are we willing to allow the elite to control our economic policy, democratic processes and now our freedom of the press?’ A…
After over a decade of tireless work, our office manager, Anne Schmid is retiring. We have advertised the job as follows: Office Manager Employer: Prosper Australia Work Type/s: Part Time Location: Melbourne Prosper Australia is a lobby group with a…
photo credit: Ferdinand Reus Saturday 11th February 10.15 for a 10.30 start. Conclude by 4pm Prosper Rooms, Lvl 1/ 27 Hardware Lane, Melb Facilitator: Raymond Makewell A Georgist seminar on the principles of economics as if society mattered. How is…
Reprinted from academic e-zine The Conversation In a previous article, I analysed four of the common arguments used by those who deny there is a bubble in Australia’s residential property market. The bubble deniers have employed other explanations for the…