Written Oct 16th Raising interest rates will do little to address underlying economic issues, says visiting US economist Professor Michael Hudson. "The market factoring in 7 interest rates rises spells danger for the Australian economic miracle" warns Professor...
BLOG: Press Releases
Brumby panders to land bankers yet again
The Brumby-Madden announcement to increase Melbourne by the equivalent size of Canberra is exasperating. 100,000 vacant sites already exist in Melbourne in areas already serviced by infrastructure (according to the recent census). The government has failed us...
Brumby sprawls on affordability
Prosper Australia today applauded the State Government’s announcement for taking housing affordability more seriously. However, questions must be asked about who benefits most from this announcement. “Today’s declaration of residential zoning has made Victoria’s land...
Land Tax Proposal Doesn’t Go Far Enough
Media Release 01/02 Prosper Australia is elated to hear that the Brumby government is returning to its senses by recognising Land Value Capture as the most efficient way to raise public revenue. However, the progressive tax tiers need to be rolled into a flat tax....
Speculative land rationing our opportunity
Property lobby pushes all the usual red herrings whilst ignoring the speculative causes to affordability pressures. Demographia International’s new report on housing affordability again pushes the “unending sprawl forever” mantra. Report author Wendell Cox rolled out...
Freeing up Speculative Land
ALP policy will continue to subsidise developers over first home owners. The ALP’s new housing minister should look at freeing up the supply of privately held land (aka land banks) by using a Site Rental on all land. In response to the housing industry’s recent call...
Land Supply Strangled by Speculators
'I Want to Live Here' report release Earthsharing Australia today released the first I Want To Live Here Report, demonstrating the extent to which speculative vacancies are the key hidden issue in the housing affordability debate. The 'I Want to Live Here' report...
Reserve Bank warned: Housing Affordability Tool Box Empty
Speculators rub their hands with glee at prospect of further tax write offs "Today's interest rate increases have rewarded the wrong people. Speculators will today be able to increase the amount of tax they can write off" said Prosper Australia spokesman Karl...
Housing Affordability Hampered by a Tax Regime That Supports Speculators Over Citizens
Visiting housing affordability expert Frank de Jong said 'the Census shows 830,376 vacant dwellings in the country. This demonstrates that it is the private supply of land withheld by speculators, rather than the need for more urban sprawl, that is hurting the housing...
Leader Of The Green Party Of Ontario, Canada launches Local Campaign Against Vacant Land
Strong Link between Vacant Land and Housing Affordability Crisis Leader of the Green Party of Ontario, Canada, Frank de Jong today launched Earthsharing Australia's ‘I Want To Live Here' campaign. The campaign targets the under use of existing vacant land and will...