Victorian Budget Submission

Preamble Prosper Australia welcomes the opportunity to contribute to the 2017- 2018 Victorian budget as a leading non-government economic research organisation highlighting the political-economy of land, natural resource and monopoly rents. This submission focusses on...

Prosper’s PRRT submission

by Dr Cameron Murray Summary 1. Successful reforms of oil and gas resource taxation that reclaim the public’s rightful share of resource rents will be vigorously contested with extensive lobbying and campaigning. The oil and gas industry is also likely to challenge...

Speculative Vacancies 8 Report

Executive Summary Prosper Australia’s Speculative Vacancies Report demonstrates how Government housing, tax and supply policies have allowed widespread residential and commercial vacancies in Melbourne. Melbourne’s three main metropolitan water retailers, City West...

Value Capture Variants

Last Thursday Catherine Cashmore and I addressed the Select Committee into the Scrutiny of Government Budget Measures. Read the Hansard transcription. We felt it important to put on the public record the various value capture mechanisms with commentary on their...

Attention Joe: Not All Taxes Are Equal

Cross Posted from Warwick Smith at The Guardian  Joe Hockey recently said “I don’t like higher taxes; I am philosophically opposed to higher taxes … because if you increase taxes you’re just collecting someone else’s money.” As usual, the reality is not as simple as...

OECD’s Housing Concerns

Yesterday’s OECD Economic Survey of Australia pinpointed key areas of risk.   As Philip Soos and Paul Egan showed today in their 21 chart pack, Australia’s land bubble and accommodating credit cycle opens the economy to incredible risk. But the Abbott...