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Land tax must kill negative gearing, Stamp Duty

By Catherine Cashmore , a market analyst and journalist with extensive experience in all aspects relating to property acquisition. Follow Catherine on Twitter  or via here Blog . There’s been a lot of debate around property taxation in Australia – significantly...

Property industry supports land tax

22 October 2013 MELBOURNE:- Overnight, Australia’s property industry has endorsed removing Stamp Duty on property transactions, the AFR reports – a major tax policy shift welcomed by Prosper Australia. “Scrap Stamp Duty and fund this by also removing the...

HIA should advocate inexpensive land

MELBOURNE:- Very poor residential land sales have prompted fresh pleading for the construction industry by the Housing Industry Association today in ‘Land Sales Signal Slow Home Building Recovery’ as new home buyers remain unwilling to commit at current high land...

Will no one fix our busted tax system?

15 May 2013 MELBOURNE:- Yesterday’s federal budget highlights again Australia’s unbalanced reliance on wage and salary taxation for government revenues, says Prosper Australia. “Taxation discourages. That is why we tax gambling, alcohol and tobacco. Unfortunately, it...

Englobo II: The Money Sleeps

  A fact-free defence of urban planners in The Conversation yesterday has left me fuming about how this group is immersed in process and blind to The Game being played around them. The Game boosts land prices, creates serviced land shortages and impoverishes all...

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...

Higher GST a low wattage idea

Independent MP Rob Oakshott stepped into the media spotlight yesterday saying both the Coalition and Labor want to raise the GST rate – after the election. Sadly, he is correct. ”It shouldn’t just be about the GST. This is about why on earth in Australia...

Steer Around the GFC

15 November 2012 The mining investment boom that carried Australia though the Global Financial Crisis is declining rapidly and new engines of growth are urgently needed to steer around the ‘Controlled Depression’ that is driving the world into a spiral of misery...

Housing Bubble – Don’t Buy Now!

David Collyer’s edited presentation from our Northcote Town Hall event earlier this year. With a jump in job losses last quarter, stock levels at near record levels, land supply in abundance and over 90,000 vacant properties here in Melbourne, one wonders how...