Category Commentary

Interest Rates Shoot the Messenger

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…

Canberra’s policy vision

Finally a breath of fresh air has been blown upon the housing affordability issue. The ACT government has acted upon its long history of innovative financing by proposing a system of leasing land. Income earners below $75,000 will be able…

2030, Affordability and Understanding

Today’s report on the Melbourne 2030 urban growth boundary cries out for a comment from Prosper Australia members. Melbourne University academic Rob Moodie rolled out the usual suspects in recommending that dwellings per hectare improve on the urban fringe, that…

Airport parking mafia

The power of monopoly rights was recently exposed with the growth in parking revenue at Melbourne Airport. Australian Pacific Airports Corporation is the owner of Melbourne Airport, a group controlled by a number of Australian infrastructure funds. It was reported…

Oil Speculators take us for a ride

With Oil soon to hit $120 a barrel, public interest is building on the role speculators play in pushing prices higher. India’s Solution for Oil Prices: Ban Speculation by Banning Trading quotes: Buying stakes in overseas oil properties is proving…

Global Haywire – Film review

Check this new Ausse film – a must see for those concerned about globalisation, terrorism and the wealth gap. Unfortunately it doesn’t have the kind of hard nosed economic reform we would like, but still well worth the viewing for…