David Collyer

No Land for You, Melbourne

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The Napthine government is determined to limit land supply and thereby further increase the cost of land for all in Melbourne.

The price of freshly subdivided land on the outskirts of cities reverberates and amplifies all the way to their centre. Constricting supply has profound implications.

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ABS considers ending Residential Property Price measure

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The good data provided by the ABS boosts buyer confidence and actually lifts land prices. Their absence after the Abbott Government’s cost-cutting can only reduce them. This may even be the pin that pops the land bubble.

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Queensland’s Retrospective Theft

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  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 Queensland government’s instinctive response puts protecting the revenues ahead of the law and the […]

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The eternal sunshine of the empty mind

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The Queensland Supreme Court has struck out the differential rate some Queensland councils charge investors over and above residents on similar properties.  Councils may be forced to pay it all back.  $300 million a year is in doubt. This landmark decision exposes the folly at least 19 Queensland councils have indulged in.  They are clueless […]

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ACT landowners are revolting

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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”.

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Goody Goody Goody!

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Sometimes, through the smoke and fireworks of the national debate a political commentator sees the path forward and points the way. Today in the Australian Financial Review, Alan Mitchell takes a far-sighted approach to the crisis provoked by the Abbott government in its attempt to raise and broaden the GST. The Liberal Party has long […]

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Victoria spends on Road, Rail. Pity about the Stamps.

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There is a better revenue base available to Victoria today: State Land Tax. Just remove its exemptions, thresholds and wheezes and consign Stamp Duty to the scrapheap. That SLT has deadweight losses of nil, so no wasted lives or people trapped in and out of housing.

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WA shows tax reform leadership. Well, I hope so.

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WA Treasurer Mike Nathan has heard the call from REIWA President David Airey to end Stamp Duty and fund this by removing exemptions from State Land Tax

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REIWA: Abolish Stamp Duty for State Land Tax

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Yesterday REIWA president David Airey issued a call in the West Australian newspaper for the WA government to abandon Stamp Duty and fund this by removing the many wheezes from the tattered State Land Tax.  Hooray! Airey says: “It’s time to recognise that stamp duty on property as a means to raise revenue is clumsy, […]

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Thimk, Grattan Institute, Thimk!

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If the Grattan thimkers wanted to reignite prosperity and national competitiveness, they would look at the cost of land – for Rural, Manufacturing and Services, for business and for workers alike. Inexpensive land de-risks all economic activity. We have been bloody fools to abandon this vital natural advantage to the ticket –clippers.

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