Progress Prosper

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The latest edition of Progress is out! Each May we celebrate the anniversary of the magazine. This is the 115th year the magazine has been in operation. If you would like a digital copy emailed to you sign up below. Become a member to receive a physical copy. Here is the editorial. Recent Prosper news includes […]

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The Hope of Economic Growth

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The narrative of endless economic growth delivering society’s needs is questioned by this revealing graph on the classical components of GDP, released in Prosper Australia’s Trickle Up Economics report. The national accounts provide detailed analysis of who gets what. But when the gross figures are broken across the three factors of production, the streamlined perspective […]

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Victorian Budget Formula

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Read our Victorian budget submission for further detail on the following issues. A first glance at the Victorian State Budget sees an election year budget, light on reform, big on expenditure. The billowing Victorian land market underpinned most of the spending, with $7.1 bn in stamp duties alone. Some say that the property sector was […]

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Will Company Tax Cuts Trickle Down or Trickle Up?

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By Catherine Cashmore The proposal to cut the company tax rate from 30% to 25% has received much media attention. We are repeatedly told it is needed to boost investment.  The rational follows that companies are more likely to invest in productivity if they don’t have to pay as much tax on their gross income.  It […]

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Trickle Up Economics: The Report

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Assessing the impact of privatized land rent on economic growth by Gavin R. Putland   Executive Summary This report investigates the relationship of the land rent share of GDP with economic growth. Since the Second World War, there has been a negative correlation between Australia’s total land price and the rate of economic growth. The […]

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A farmer’s plea

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  The Need for Economic Democracy by Mark Haywood   “Our planet is small at last, and we will not forever be able to seek prosperity in the impoverishment of others and the destruction of nature. Ecology compels us, finally, to ask if there is a decent future for any if there is not a […]

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Trickle-Up Economics Report Launch

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  Speakers: Dr. Gavin Putland & Dr. Polly Cleveland Date: Wednesday, April 18 Time: 6pm Location:  Prosper Australia Level 1, 64 Harcourt Street, North Melbourne Company tax cuts are favoured by government, wage rises by the opposition. We all want a vibrant economy and the dignity of work. What if there was a policy transition that turned […]

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If land prices escalate, wages must suffer

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In an interesting article in the Fairfax media today, purporting to provide the truth about declining wages in Australia, Jessica Irvine and Adam Gartrell fail to mention that David Ricardo, Adam Smith, JS Mill and Henry George had all said that land rent needs to be taxed away if wages and profits are to receive their […]

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Prosper’s Northern Territory Revenue Submission

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The Northern Territory Government’s Revenue Discussion paper submissions have come to a close. Prosper’s Submission focuses on supporting the NT Government in shifting towards a broad based Land Value Tax and further improving existing Royalty arrangements. The submission is briefly summarised below. Facilitate the shift from Stamp Duty to Land Tax Stamp duties The NT […]

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To a Fair Share of Nature’s Rent

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An excellent new video commissioned by Bryan Kavanagh, explaining how a fairer economy must include sharing the naturally rising value of natural resources.

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