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Will Company Tax Cuts Trickle Down or Trickle Up?

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...

Vacancy a Sign of Systemic Failure

Prosper President Catherine Cashmore is quoted in The Age with Land Bankers raise ire of the well-heeled. “Morally it’s not a good thing to do,” she said. “But let’s not blame the investors.” She pointed the finger at government policy: “The nation has been breastfed...

Prosper SBS News

Prosper Australia President Catherine Cashmore had a busy week. First, Catherine was interviewed by Raph Epstein for ABC FM Drivetime. Then Catherine was asked to appear on SBS News Saturday night in Vacant Homes in Sydney draws Attention of UN. Channel 9 news also...

Foreign investor tax slug spreads

Catherine Cashmore appeared on Channel 9 news last night to discuss the fact we are building the wrong type of stock to meet our growing community. The report compared the 80,000 apartments due to come onto the market over the next few years with the 80,000 vacant...

Property Lobby’s million dollar no-show

On Friday May the 13th the entire real estate industry launched into full attack-mode against those willing to reform negative gearing and the capital gains tax discount. The ALP and the Greens have both announced reforms targeting the subsidy to landed interests....

Prosper’s President in the news

Prosper Australia President Catherine Cashmore was interviewed by Michael Bleby in the weekend Australian Financial Review. The interview stepped behind the intrigue of Henry George and Land Value Tax. Some selected highlights: Economic thinkers don’t often draw...

Vacant homes up 28% despite housing crisis

Media Release: Speculative Vacancies Defy Housing Affordability Pressures – Again 82,724 properties lie vacant and unoccupied across Greater Melbourne, according to Prosper Australia’s 2015 Speculative Vacancies Report released today. Key findings: •    4.8% of...