This submission addresses two of the instruments under consultation. On the draft Income Tax Assessment (Method for Apportioning Capital Gains and Capital Losses) Determination 2026, we identify two defects in the prescribed method as it applies to real property —…
SUBMISSION TO THE SENATE ECONOMICS LEGISLATION COMMITTEE Author: Cathal Leslie, Senior Economist, Prosper Australia9 June, 2026 Summary of recommendations Prosper Australia supports the Government’s stated objectives of improving housing affordability and intergenerational equity. However, we cannot support the proposed reforms.…
Submission to the Select Committee on the Operation of the Capital Gains Tax Discount Submitted by Prosper Australia, December 19, 2025. Prosper Australia advocates for a fairer and more efficient tax system that recognises the economic distinction between land, labour,…
President Catherine Cashmore has been busy with the 4 Corners team filming a number of scenes around Melbourne. Tonight we find out which scenes make national TV in a much overdue investigation into the pressure housing affordability places on society.…
By Dr. Gavin Putland – crossposted from the Land Values Research Group The noisiest campaigners for lower taxes complain only about public taxes while ignoring or defending the unrequited tributes collected by private agents under the guise of market transactions.…
ACIL Allen Consulting released a misleading report commissioned by the Property Council of Australia and the Real Estate Institute of Australia about negative gearing. Among its claims are that middle income earners are the primary beneficiaries of negative gearing (debunked…
Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2014 Hernan Pinera The Climate Fund Under Our Feet – this Thursday! Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter: Karl…
Press Release “Treasurer Joe Hockey’s budget is a boon for those in pursuit of capital gains” stated Prosper Australia spokesman, Karl Fitzgerald. “Whilst claiming we all must contribute to the heavy lifting, the budget ignores the easy unearned incomes in real…
Today’s Sydney Morning Herald article on Empty Dwellings in a City Desperate for Places to Live has exposed the raft of vacancies prevalent when land banking trumps housing affordability. It quotes how 122,211 sites were vacant in the 2006 census,…
Todays Age article on Land Tax Cuts Wont Bring Savings alerts all those interested in defending the communities right to a share of the free lunch land prices reflect. The next few weeks will see the property lobby step up…