$1 Trillion Strangled by Taxes
New report points to major recession A study of 34 years of the Australian property market has resulted in a 28 page report, Unlocking the Riches of Oz: A Case study of the Social and Economic Costs of Real Estate…
Category Press Releases
Tax System Encourages Asset Bubbles
Property bubbles creating unaffordable housing and recession A study of 34 years of the Australian property market has resulted in a 28 page report, Unlocking the Riches of Oz: A Case study of the Social and Economic Costs of Real…
Speculation the Real Threat to Housing Affordability
Higher interest rates are the surface issue “The Great Australian Dream is being threatened by speculative forces rather than interest rates” said Prosper Australia spokesman Karl Fitzgerald today. The Howard Government’s expansion of negative gearing in 1996 put the blow-torch…
Market Forces Can Help Unions
Yesterdays’ IR rally saw a call to action for workers to maintain the rage. However many AWA’s Beazley threatens to tear up, fundamental economic laws still need to be addressed. Prosper Australia today called on Government to curb land speculation…
Land Hoarders Hurt Land Supply
Land Hoarding the Real Threat to Housing Affordability It is govt fiscal policy at all levels rather than land supply issues that are leading to the housing crisis. “The reductions in Land Tax at a State level and moves away…
Land Tax Changes Shameful
Land Tax Changes “Shameful” Proposed cuts to Victoria’s land taxes will be vigorously opposed by an economics lobby group who plan to target both the government and opposition in marginal seats on the issue. Spokesperson for Prosper Australia, Mr. Lev…