Media Releases

National land prices up $594 billion

National land prices up $594 billion

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...

Rates Cap to Continue Vicious Circle

Rates Cap to Continue Vicious Circle

“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...

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...

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