Media Releases
Waleed Aly wins 2023 E.J. Craigie Writing Award
Waleed Aly Wins E.J. Craigie Writing Award for best article reflecting the ideas of Henry George as a social and economic reformer.
Prosper Australia welcomes Inquiry attention to Stamp Duty to Land Tax transition
Prosper Australia welcomes Inquiry attention to Stamp Duty to Land Tax transition Prosper Australia today commended the Victorian Legislative Council’s Inquiry into Land transfer duty fees for their careful attention to the difficult issues involved in transitioning...
Melbourne’s Pandemic Rental Dynamics: the limits of faster housing supply to tackle affordability
Prosper's latest report sounds a cautionary note for policymakers placing market supply at the centre of affordable housing policy. Report author, Dr Tim Helm, Prosper’s Director of Research and Policy, described the report, entitled “Melbourne’s pandemic rental...
Media Release: Staged Releases
New report reveals nine Master Plan Communities costing $5.9 billion in higher housing costs A new report entitled Staged Releases: Peering behind the land supply curtain from Prosper Australia has revealed the profits developers enjoy through the strategic releasing...
NSW’s First Home Buyers Choice the conversation starter housing needs
Sent 21/6/22 Today’s announcement by Premier Perrottet that first home buyers could opt into a land tax was a baby step in the right direction of a broader land tax base. “NSW landholders benefitted to the tune of $705 billion in just 2020-21, and were only required...
Windfall Gains Tax Good for Regional Communities
Media release: Windfall Gains Tax Good for Regional Communities. Tomorrow (16 November) the Victorian Parliament will vote on legislation to introduce a Windfall Gains Tax.
Australia’s land prices are out of control
Media Release A Housing Affordability nightmare - Australia’s land prices are out of control Today’s national accounts revealed record land price inflation - triple the highest ever previously recorded. The cost of land in Australia has gone up by $1.72 trillion,...
Win for all Victorians!
Media Release Win for all Victorians! New legislation will stop landholders walking away with huge windfall profits from rezoning The Victorian Government has announced it will introduce a tax on rezoning windfalls, something Prosper Australia has been encouraging for...
The Potential of a Rezoning Windfall Gains Tax
Media Release REZONING WINDFALLS COULD FUND RECORD PUBLIC HOUSING SPEND EACH YEAR A new report on landholder profits following the rezoning of the Fisherman’s Bend precinct showed an average 368% windfall gain per square metre, or $4.43bn. Prosper Australia research...
With Great Reward, Comes Great Responsibility
LAND TAX DRIVES STABILITY Changes to land tax and the introduction of a windfall gains tax will drive stability in the Victorian housing market, according to Victorian economics research group Prosper Australia. Prosper advocacy director Karl Fitzgerald says the...