The Hidden Role of Rent

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Fred Harrison summarises the various studies analysing the role of economic rents and why it is hidden from economic analysis. The interview is conducted by Andy Mazzone (Henry George School of Social Studies) as part of the Smart Talk series.

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The WA Barnett government will be destroyed – who benefits?

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The West Australian state election March 11 will be quite a fight. The few opinion polls suggest a handsome victory to the McGowan ALP opposition. ReachTEL has 55-45 two party preferred and Newspoll 52-48 in favour of Labor. Minor parties campaigning in the ashes of the failed Barnett government could stymie this. Greens and Socialists […]

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Does Berejiklian want to play Monopoly? Does Perrottet?

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Damien Perrottet, deputy to the new NSW Premier Gladys Berejiklian, is retreating from the former Baird government’s plan to sell a 35 year lease of the NSW land titles register. NSW’s conservative government is ahead in the polls – and Berejiklian appears determined to keep it that way, even if it means abandoning unpopular measures. […]

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Proust wants a 15% GST hike = Eat the Poor.

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The calls for tax reform come thick and fast – like hammer blows upon the Turnbull government, on its knees praying for a recovery in public opinion. The AFR today gave Australian Institute of Company Directors CEO Elizabeth Proust the pulpit to call for an increase in the Goods and Services Tax to 15 per […]

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Housing affordability and the changing debt burden of a typical mortgage

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by Philip Soos reposted from The Guardian Australia’s historically high and rising housing prices are widely debated and have prompted a number of government inquiries into housing affordability. The question stands open: is housing affordable in Australia? Affordability is often confused with related concepts such as ease of entry, serviceability and valuation. Ease of entry […]

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Redirecting Royalties to the Rural Rump – The Nationals go vote-harvesting

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The Western Australian election 11 March will be a furious battle, but don’t bother with the popcorn – the ALP led by Mark McGowan is set to win easily and the fireworks of One Nation will prove a damp squib. Facing certain defeat, the Liberal–National Coalition are playing hard-ball to minimise their losses. The close […]

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Building bridges to ourselves: Infrastructure Australia’s Value Capture initiative

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A great way to bury an unwelcome government report is to release it into the alcoholic haze of a hot Australian Christmas. Infrastructure Australia’s Capturing Value paper is too important to suffer this fate: who pays for the infrastructure we need is a matter of first importance. Australia’s excessive reliance on labour taxes means wage-earners […]

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Time to fix economic blight

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Do you see the cat? Read on. THE PROGRESSIVE ERA Americans apparently consider the Progressive Era (1890s to 1920s) belongs to them. The period was driven by the reformist ideas of Henry George as taken up by public officials across the US political spectrum; amongst others, these included Hazen Pingree, Tom L Johnson, Brand Whitlock […]

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Introduction to Modern Monetary Theory

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An Introductory Course in Modern Monetary Theory When: Monday, January 16 & 23 Time: 6:30pm Where: 64 Harcourt St, North Melbourne Cost: Free Registration: email office@prosper.org.au Do you understand the monetary system? Want a deeper understanding of unemployment, inflation, fiscal policy and the banking system? Jesse Hermans will present an introductory course in Modern Monetary […]

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Productivity and Prosperity? Yes Please!

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Last month, the Productivity Commission delivered a damning assessment of Australia’s productivity performance over the last 12 years in the discussion paper Increasing Australia’s future prosperity. They asked for submissions with fresh ideas. Prosper has a few: • Attack rent seeking at its source by taxing land rents through a land value tax • Unwind […]

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