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Rating System Undermined

Have u signed up to our Evolving Economics Enews yet? Subscribe here. If you are already a subscriber and noticed some of the links were missing in ‘The Private Earth’ section, they’ve been fixed below so you can connect to the interview with Michael...

Rates Cap to Continue Vicious Circle

“Victorian Labor’s capping of local council rates plays straight into the hands of Tony Abbott’s pro-GST revenue centralisation agenda” stated Prosper Australia Project Director Karl Fitzgerald. “The integrity of Victoria’s local council rating independence was dealt...

Vic Govt need for policy integrity

The new Andrews Government provides a fresh opportunity for reviewing the role of state revenues. The current property bubble has provided a windfall in Stamp Duty revenues allowing for considered reform. The hot topics the State government must address to enhance its...

Queensland’s Retrospective Theft

  Midnight Wednesday, the Queensland Parliament amended the Local Government Act and the City of Brisbane Act to legalise the theft of around $2.3 billion in differential rates charged by 20 councils on non-resident owners over the last twenty years. The...

PCA wants to cost shift – onto you

Glen Byrnes, NSW Executive Director of the Property Council of Australia has a Fairfax op-ed out on the Fire Services Levy that has me seething. You will be too when you understand the filthy game he is playing. Victoria’s Fire Services Levy was a charge added to fire...

Should we charge Land for vagrancy?

  The Melbourne City Council has been urged to apply differential rates “to sites defined as vacant or derelict” by its Future of Melbourne committee. They name to shame the Savoy Tavern on Spencer Street, the Argus building on Latrobe Street and bare land at 567...

ACT Rates Scaremongering

Regarding the recent ACT Liberal Party scare campaign against rates, Dr Terry Dwyer writes: Being fundamentally disinterested in political games but keenly interested in policy and good government (which, judging from Mr Slipper’s emails, sadly does not always seem to...

Council Rating Subsidies

Council Rates: Who Pays More? The land speculator or family home? Under Capital Improved Valuation (CIV)/ Net Annual Value (NAV) the land speculator typically gets a 30% discount in rates over the family home. Capital Improved Valuation penalises homeowners for...

Selling alleys and lanes: latifundia at work.

Melbourne City Council is selling lanes to developers, according to The Age today. It makes a pretty penny, too, having pocketed $1.2 million from the sale of part of three lanes in the last 12 months alone. The article sparked an intense debate on the newspaper’s...

Victoria’s Transport Plan a No-Brainer

    photo credit: Schaffner Sometimes the ignorance of experts makes my blood boil.  Why can’t they do the arithmetic, the sums plainly before them? The Victorian Transport Plan will cost $38 billion and produce benefits of $180 billion, according to a...