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Victoria to tax vacant properties into use

Premier Daniel Andrews announced a range of housing affordability measures Sunday, some of which will help. The eye-opener is the introduction of a Vacant Residential Property Tax at one per cent of the capital improved value on properties held vacant for six months...

Cheap housing is good for business!

by Dr Gavin Putland reposted from grputland.com If you want to expand your business, you probably need to hire people. But you can’t hire them unless they can afford to pay for housing within commuting distance of your business premises, out of wages that you...

Want a new GST? Sink the old one!

Changing the GST was always intended to be hard and is getting harder by the week. Under the so-called intergovernmental agreement on implementation of the GST, any change in the rate or the base required the unanimous approval of the Federal, State and Territory...

The Barometer of the Economy

Tues Oct 30th, 6.30pm 1/27 Hardware Lane, Melbourne Presenter: Dr Gavin Putland RSVP to this free event Dr Gavin Putland discusses the role of Australia’s largest market – the land market – in influencing economic activity. In 2001, Bryan Kavanagh...

Ride for free or pay the fine

In his second budget, Victorian Treasurer Kim Wells is aiming for a surplus of $155 million, of which $109 million is due to increased fines. The Government has budgeted for $662.5 million in total fines, including $306 million from road-safety cameras, in 2012-13....

Developer Levies drive up land prices

10 November 2011 MELBOURNE:- The Growth Corridor Plan announced by the Baillieu Government presents Melbourne with big challenges. How to pay for the massive infrastructure needed is front and centre – and unmentioned in the Plan. “Demand for new and better...