Prosper prepared the following opening statement to the Commonwealth Tax and Revenue Committee's inquiry into housing supply and affordability: Prosper Australia welcomes the focus of this enquiry into the role of taxation and supply on housing affordability. We are a...
Housing supply is often touted as the one and only solution to unaffordable housing. It is a favourite topic of both the development industry and many government inquiries (including the current Inquiry Into Housing Affordability and Supply).
Renegade Economists Show 600 As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Karl celebrates 600 episodes with a walk through economic history over the last 14 years of the show,...
We are thrilled that the Victorian Parliament has passed a new Rezoning Windfall Gains Tax, as it's a policy we have supported for many years. As part of our efforts to support this tax, we wrote a Briefing Note to decision makers about its potential community gains....
Prosper Australia recently submitted to the 2021 Federal Inquiry into housing affordability and supply.
The media is again full of chatter about the housing affordability crisis in Australia. Property markets have gone on a tear as mortgage rates bottom at levels close to matching inflation. Governments are subsidising a building boom to save the economy from COVID, and the resulting collapse in immigration.
In July 2021, Prosper was privileged to host a zoom webinar by Joe Langley, a global expert on value capture mechanisms for transport. Joe's talk was based on an article he wrote on the ongoing developer contribution reform effort in NSW. The full article is...
Renegade Economists Show 598 As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Dominic Gilligan (Inverloch Sustainable Living) takes us through his social change evolution in light of his...
On Friday 20 August, Jesse Hermans & I appeared at Senator Patrick’s Oil & Gas Inquiry. The focus of the inquiry was to evaluate what Australia could do to maximise returns from publicly owned oil and gas resources and examine how other nations have designed their tax systems. Particularly in light of climate change and the potential for stranded assets.
Media Release REZONING WINDFALLS COULD FUND RECORD PUBLIC HOUSING SPEND EACH YEAR A new report on landholder profits following the rezoning of the Fisherman’s Bend precinct showed an average 368% windfall gain per square metre, or $4.43bn. Prosper Australia research...