Interesting developments in Canberra can be tracked via this ABC report: Buy the house, rent the land: ACT’s new housing plan. As many will know, it’s not the first time this has occurred. Read one of our most popular web…
What else need we say? Understand why making ends meet is such a challenge and what we can do about it.
Robert J McAlpine, President Prosper Australia The time for thinkers on economic matters has come! By neglecting the field of property valuation, mainstream economists have missed some of the most important factors in market price determination There exists an almost…
This article was presented at a late 1980’s meeting prior to ACT self government and published in the Canberra Times. Terry Dwyer ACT finances will come from three sources – taxes, grants and borrowings. I do not propose to say…
Listen to the world’s only geonomics radio show by subscribing to our podcast. Follow these 3 easy steps to have your computer automatically download each week’s show: copy this link: go to your ITunes, Click on Advanced then ‘Subscribe…
Today’s Sydney Morning Herald article on Empty Dwellings in a City Desperate for Places to Live has exposed the raft of vacancies prevalent when land banking trumps housing affordability. It quotes how 122,211 sites were vacant in the 2006 census,…
Saturday’s Age article on Melbourne’s rental growth outstripping all other states is reflective of current government policy at all levels – local, State and Federal. When combined with record immigration levels, property flipping will continue unabated. Prosper Australia spokesman Karl…
Yesterday’s Federal budget surplus of $21.7 billion raises the spectre of a global trend tied to the principles represented on this website. Take the foreign reserves of Singapore (US$176bn), Hong Kong (US$160bn) and Russia (US$563 bn). Singapore and Hong Kong…
The Swan Federal budget was limited in its’ vision, giving with one hand in the old welfare game but taking away with the other by providing further subsidy to propertied interests. Whilst it is widely reported that the wealthy were…
March 08 figures reveal that loans for first home owners dropped to just 16.4% of owner-occupied approvals. Yes 16.4%! The Great Australian Dream is being dominated by baby boomers and/ or speculators. Those that most need a roof over their…