The Property Council of Australia was out again yesterday, sternly defending the land from pesky taxes and ‘value capture’. Well, their land. The ACT branch said its members “applaud the ACT government’s vision” for the 12-kilometre tram linking the city…
The Property Council of Australia is ‘vehemently opposed’ to Canberra’s special land levy to part-fund the $600 million light rail project from Gungahlin to the city, calling it “just another property tax in disguise”.
Australia has blown a land bubble of immense size. This troubling reality has finally come to the attention of the Senate and obliged it to examine the matter. Prosper Australia’s submission to the Senate Housing Affordability inquiry examines nine key economic…
By Catherine Cashmore Reposted from Macrobusiness In the final hours of Federal Parliament for 2013, Labor Senator Jan McLucas succeeded in establishing an inquiry by the Economics References Committee, in addressing Australia’s growing housing affordability crisis, stating; “…pressures on affordability…
2013 Clyde Cameron Memorial Lecture Saturday 14th December 2pm-5pm Keynote Speaker: Mr. Jack Waterford A.M. University House Hall, 1 Balmain Crescent, ANU J.E. (Jack) Waterford is an Australian journalist and commentator who is now Editor-at-Large of The Canberra Times. Jack…
15 May 2013 MELBOURNE:- Yesterday’s federal budget highlights again Australia’s unbalanced reliance on wage and salary taxation for government revenues, says Prosper Australia. “Taxation discourages. That is why we tax gambling, alcohol and tobacco. Unfortunately, it has the same effect…
Canberra Times March 17, 2013 Christopher Erskine (Time for a new lease on life, March 9, p7) is correct that it was the writings of American political economist Henry George that inspired Canberra’s founders to put in place a leasehold…
30 January 2013 Prosper repeats its call for timely, national data on property sales to be collected by the Australian Bureau of Statistics. “Buying and selling houses in Australia suffers from ‘information asymmetry’ – some participants know a lot…
Independent MP Rob Oakshott stepped into the media spotlight yesterday saying both the Coalition and Labor want to raise the GST rate – after the election. Sadly, he is correct. ”It shouldn’t just be about the GST. This is about…
15 November 2012 The mining investment boom that carried Australia though the Global Financial Crisis is declining rapidly and new engines of growth are urgently needed to steer around the ‘Controlled Depression’ that is driving the world into a spiral…