Politicians must put aside ineffective market boosting policies if they wish to achieve housing affordability and improve social housing infrastructure in Australia. Australia has become dependent on high house prices to sustain new housing construction, which is why...
Today, Action on Empty Homes, the Local Initiatives Support Corporation, and Prosper Australia, announce the launch of The Global Empty Homes Network (GEHN). The global consortium of NGO housing organizations and partners are collaborating to understand the...
Real estate cycle expert Bryan Kavanagh says turnover and price declines in Sydney and Melbourne during 2018 indicate an economic recession in the 2019-20 financial year. The 2018 "Kavanagh-Putland Index", released today, shows the total value of Australian real...
MEDIA RELEASE Wage growth suffers from record increase in Australian land prices. “The $593.7 billion uplift in land prices announced today is thirty times larger than total banking profits. The average annual gain has been around $180 billion, so to have an increase...
PRESS RELEASE 19 May 2015 MELBOURNE:- Federal Treasurer Joe Hockey has endorsed moves by South Australia to abolish Stamp Duty and replace it with a nil exemption, broad-based land tax. He said the cost of an annual land tax would likely be less in the long term than...
Press Release: Debate over GST split ignores bigger issue “The States should not be threatening to re-impose regressive taxes of the past, but be working with the Federal government to overcome the mis-information prevalent in a property obsessed economy,” stated...
“Victorian Labor’s capping of local council rates plays straight into the hands of Tony Abbott’s pro-GST revenue centralisation agenda” stated Prosper Australia Project Director Karl Fitzgerald. “The integrity of Victoria’s local council rating independence was dealt...
Media Release “The Andrews government has lost no time putting its stamp on the future shape of Melbourne, funding the planning stage of the Melbourne Metro Rail tunnel – while fretting about the $9 billion cost. “Victoria can fund this vital connection, lifting train...
Media Release 26 November 2014 “The Napthine government policy announcement it will sell Victoria’s Land Titles Office if re-elected is a grave error and to be condemned,” David Collyer Policy Director Prosper Australia said today. “The Land Titles Office is a core...
Press Release for Speculative Vacancies 7 report launch A new report finds 64,386 properties are likely vacancies during Melbourne’s record-long housing supply crisis. “32% of the Docklands may be a speculators paradise but it’s facing a ghost town future if the...