Treasury is asking why the Petroleum Resource Rents Tax collects only a fraction of the revenues it could. Actually, they know exactly what is wrong, but need public consultation in case someone has a bright idea to fix this broken…
Prosper Australia created the following Review of the Petroleum Resource Rent Tax (PRRT)
Written by Dr Cameron Murray.
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…
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…
Saturday’s Australian Financial Review always needs a nice read and today it is the ACT government’s progressive removal of Stamp Duty that increased council rates on a million dollar property from $2200 a few years ago to $3000. What a…
; The First Interval – Evaluating ACT’s Land Value Tax Transition By Dr Cameron Murray Prosper Australia commissioned Dr Murray to examine the early benefits of ACT’s 20 year process replacing conveyancing stamp duty with land tax. He will present…
Prime Minister Malcolm Turnbull has produced so many thought bubbles on tax reform he makes fresh beer look flat. His latest effervescence is for the states to levy their own income tax on top of the Commonwealth take. He needs…
Presenter: Phil Anderson When: Friday March 18th, Where: Level 1/ 64 Harcourt St, North Melbourne Time: 6.30pm Tickets $25 After studying history’s lessons for forty years, Phillip J Anderson has come to one conclusion: GOVERNMENT HAS TO GO. If you want…
Over the weekend, Prime Minister Malcolm Turnbull delighting Queensland Premier Annastacia Palaszczuk by announcing a federal contribution of $95 million for the Gold Coast light rail project. Journalists have leapt on this new policy stance, different from the previous PM…
The House of Representatives economic committee inquiry into Home Ownership was opened with fanfare and encouraging comments by chair John Alexander (Liberal, Bennelong): “Some have said we are on track to becoming a Kingdom where the Lords own all the…