Cross posted from Robert Harley at the AFR Karl Fitzgerald, the advocacy director at Prosper Australia, is a strong believer in the benefits of replacing property stamp duty with a broad-based land tax. But he has a warning for first-home…
A version of this article was first published in the Sydney Morning Herald If you believe that our growing rate of homelessness is a national shame, or you’re worried that your kids will never become homeowners (or worse, never move…
The 2022 Federal Election: as underwhelming as a stale slice of Wonder WhiteTM encasing a slippery, budget snag. We at Prosper could never walk past a democracy sausage. No matter how greasy and cold. With the Lib/Lab reducing their respective…
The latest edition of Progress Magazine is available now. Peruse past editions here. We start this edition with key speeches from Hansard at the passage of Victoria’s landmark Windfall Gains Tax legislation. You can discern the distinctly Georgist principles invoked…
Cross-posted from Friendly Jordies The Facts blog, which provides the policy speak alternative to his cunning video take on Australia’s affordability woes: As reported by Greg Jericho for The Guardian, Australian property prices grew by nearly 25% in 2021 –…
Our submission to the Minister for Consumer Affair’s Property Market Review. Property Market Review Prosper Australia has concerns surrounding both the privatisation of real estate data, the inaccuracy of statistics and the practice of staging lot releases in large, master…
Cross-posted from The New Daily: It’s not surprising that a Senate report on housing affordability chaired by a former property developer gives a free pass to the property industry. Liberal MP and committee chair Jason Falinski’s view that developers should…
Download our 2022 Vic budget submission (submitted March 2022) Executive Summary Prosper welcomes the opportunity to contribute to the 2022-23 Victorian Budget. We are an independent, Melbourne-based research institute with a focus on the management of exclusive and essential resource…
‘Taxes’ on Land are Rents: Therefore they Can’t be Passed On Rates and land ‘tax’ are notionally already in the gross rent paid by a tenant, and cannot be ‘passed on’. If, as claimed by vested interests, the land value…
Australia’s economy is dominated by sectors which derive significant revenue from “economic rents” - or unearned income.