Is The Age suffering from split personality disorder? On page 8 of The Sunday Age (18.4.10) we read that house shopping is a “nightmare”, the market is “out of control” and that we are heading toward being a rental society…
photo credit: Erica_Marshall Stephen Long at the ABC has written two articles in 2 days on genuine tax reform, commenting on the rumour that the Henry Review will promote a broad based Land tax, including the family home. Let’s hope…
photo credit: earthsharing australia Thomas Kokkinos-Kennedy Semester 1, 2009, Assessment Two Research Essay Are the concepts and ideas proposed by Henry George in 1879 still relevant in understanding socio-economic aspects of the property market in contemporary Melbourne? This essay will…
photo credit: MarcelGermain Should I buy now or rent and save a bigger deposit while I wait? Houses cost money. How much should they cost? These are long-life assets and the price paid can change a lot. Good timing…
photo credit: Cayusa Tax reform is hard for government: losers complain loud and long, while those who will benefit are suspicious and silent. We should be angry as hell about the tax system. It scoops up the earnings of the…
photo credit: Praveen M Tomy Fans of Gavin Putland’s work will have read today’s piece on Housing Market Tipped to Weaken as Buyers Retreat. High auction clearance rates and record prices notwithstanding, official figures show the number of loans to…
Unconventional prophets are often vilified, particularly in their own country. Steve Keen is no exception. He is one of only a handful of academic economists to contest the rah rah rah of the property spivs who claim – wrongly and misleadingly – that real…
The Australian Tax Office has released figures on the extent of negative gearing in Australia ahead of the Henry Tax Review. This is no accident. They are preparing the ground for Ken Henry’s changes. The picture drawn is not…
The system gives the thumbs up to such activity, but we must alert you to the latest ‘capital gains’ success story trumpeted in today’s Business Age (check p10*). Solomon Lew bought 151- 165 Franklin St (CBD) in 1982 for $810,000.…
photo credit: chrisjohnbeckett With the housing bubble accelerating each day, sometimes you wonder if it is ever going to pop. Tim Colebatch has written a number of key articles of recent, including this one on negative gearing pointing out that…