BLOG: henry review of taxation

The land tax strumpets

Two organisations share the acronym PCA: the Property Council of Australia and the Prostitutes Collective of Australia*. One makes a useful civic contribution, the other is a bunch of filthy whores who will do anything for money and deserve universal condemnation for...

Carnegie’s endowment

Prominent Australian investor Mark Carnegie has called for tax reform to end the policy and financial straight jacket we find ourselves in – pointing to land tax, a resources tax and a lift in the GST to 15 per cent. He labelled the Abbott Government’s upcoming White...

Tax reform derailed

Prosper has serious concerns about the equity and economic efficiency of the reform proposals reported in the media as coming from cabinet ministers – notably broadening the GST , which is a regressive tax.  Our submission spells out why.

Australia’s twin economic diseases

Australia has two infections that compromise our economic health. Their remarkably similar symptoms – fever, delirium, impaired judgement - muddy diagnosis and hamper effective treatment. Most are familiar with ‘Dutch disease’, where a resource bounty – in Holland’s...

Dump Stamp Duties to help labour mobility

One of the biggest impediments to labour mobility are stamp duties levied on housing transactions. Stamp duties can add tens-of-thousands of dollars to the cost of changing home, leading to fewer transactions and discouraging labour mobility.

REIWA: Abolish Stamp Duty for State Land Tax

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...

Can the Senate address housing affordability

By Catherine Cashmore Reposted from Macrobusiness In the final hours of Federal Parliament for 2013, Labor Senator Jan McLucas succeeded in establishing an inquiry by the Economics References Committee, in addressing Australia’s growing housing affordability crisis,...

Kohler condemns expensive land

Alan Kohler is out this morning on Business Spectator with a big swipe at Conservative state governments.  Yes, that is conservative with a capital ‘C’. He sees at last the destruction the cost of land is wreaking from Port Hedland to Hobart. The high price of land in...