BLOG: Press Releases

Funding Melbourne’s new underground rail link

Funding Melbourne’s new underground rail link

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...

Higher GST ignores housing, inequity

Higher GST ignores housing, inequity

Press Release The Abbott government must rebuild State relationships by assisting in the educative process of tax reform. “The outsourcing of deficit pressures by Treasurer Joe Hockey has accelerated the need for state revenue reforms” stated Prosper Australia...

Budgeting for Capital Gains

Budgeting for Capital Gains

Press Release “Treasurer Joe Hockey's budget is a boon for those in pursuit of capital gains" stated Prosper Australia spokesman, Karl Fitzgerald. "Whilst claiming we all must contribute to the heavy lifting, the budget ignores the easy unearned incomes in real estate...

Harnessing Monopoly to Finance Government

Harnessing Monopoly to Finance Government

The Total Resource Rents of Australia report finds the complete removal of income, company and sales tax is possible by replacement with a tax on monopolies such as water trading, cyber squatting, taxi licenses and land. “Economists have for hundreds of years pointed...

Property industry supports land tax

Property industry supports land tax

22 October 2013 MELBOURNE:- Overnight, Australia’s property industry has endorsed removing Stamp Duty on property transactions, the AFR reports - a major tax policy shift welcomed by Prosper Australia. “Scrap Stamp Duty and fund this by also removing the principal...