Next time government says it can’t afford to build, wave this IA report in their face

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Australia has a problem: we can’t build roads, rail and schools as fast as population is growing with current government financing methods. Failing to keep up with our current needs – let alone investing for an uncertain future – puts the living standards of everyone at risk. We and our ancestors worked very hard to […]

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True Grit: leadership, political backbone and advancing the national interest

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The worst tax we pay is a state charge – conveyancing Stamp Duty, which makes it hard, sometimes impossible, to move across town to a better job or around the corner to a bigger or smaller home. Anyone living with modern teenagers and the elderly in a house of many steps or plentiful weeds know […]

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Retiring to live on the fat of the land may not be possible – rents are falling

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CoreLogic’s Quarterly Review of the residential property market released yesterday brings sobering news for land holders – particularly Australia’s 1.2 million strong Negatively Geared investor class. Rents are falling. Source: CoreLogic CoreLogic’s Tim Lawless observes: “Rental incomes are falling across the combined capital cities in the midst of the weakest rental market on record. A […]

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See I, Daniel Blake, talk about I, Daniel Blake

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When: Wednesday, 23rd November 6pm Where: Lido Cinemas, Hawthorn Tickets: $15  Join us for a screening of Ken Loach’s Palme D’Or winning drama, I, Daniel Blake, at Lido Cinemas Hawthorn Wednesday 23rd at 6pm. Set in contemporary Britain, the I, Daniel Blake describes the social inequality produced by uncaring neo-liberal economic policy, and its ‘blame the […]

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Join the team at Prosper!

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Prosper Australia is seeking expressions of interest for a researcher/campaigner. We need a talented individual with the character to drive change. We are a small NGO based in North Melbourne with a long history and an ambitious agenda. Join a team committed to advancing the common good through economic reform – armed with creativity, evidence and […]

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Seize the Day, Scott Morrison – rid Australia of a bad tax and free up the land

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The land supply equation in Australia – flashing red danger signals for years – has finally come to the attention of federal Treasurer Scott Morrison, who is charged with the task of advancing national prosperity. He may even be prompted into action. Notoriously well-connected Alan Mitchell is out today in the AFR with the latest […]

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Tim Pallas protects land tax revenues – and the people of Victoria

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The Victorian Treasurer yesterday dismissed belly-aching by holders of valuable parcels whose private joy over the strong rises in land prices comes with a sting – their State Land Tax went up too. ‘‘The government is not considering reducing land tax rates in response to a cyclical upturn in land values,’’ Mr Pallas told the […]

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Exposed: Scomo’s ‘fix’ on housing costs a sop to Libs’ Big Developer donors

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by Warwick Smith Warwick Smith smells a rat in Scomo’s sudden solution to housing affordability – planning reform – coming just ten days after developers’ call for same. SCOTT MORRISON has suddenly announced that he cares about housing affordability. This is interesting given his strident opposition to getting rid of negative gearing and the concessional […]

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NSW Premier Baird passes the Elixir bottle without taking a swig

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NSW Finance Minister Dominic Perrottet floated the idea of exchanging Stamp Duty for State Land Tax in The Australian yesterday. We warmly welcomed his initiative and explained some of the big benefits this offered NSW. By 5.30pm yesterday, Philip Coorey had the Premier’s rebuttal up in the AFR, saying he had no intention of making […]

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Will Mike Baird seize the first-mover advantage for NSW – and drink all of the Premiers’ Elixir?

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A prize awaits the first state Premier with the political capital and farsightedness to exchange Stamp Duty for State Land Tax. The move would be a magnet for economic activity. As economists repeat ad nauseum, it is all on the margin. Fresh investment – the Premiers’ Elixir – goes where it is most welcome and […]

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