photo credit: CarbonNYC Media Release “We have the means at hand to liberate the citizens of our great country from their current financial difficulties,” Prosper Australia’s Karl Fitzgerald said today. “The answer lies in reforming our tax system. A major…
Consider these three points: Property developers have openly stated they are reducing the supply of property to the market in order to massage land banking profits: While some already owe more than their home is worth, the result of prices…
Surprise! A new Age survey found that investors were concerned about the Henry Review’s proposed Resource Rent Tax: … a staggering 92 per cent believed that the higher taxes would hurt the share prices of resource stocks. Long-term effects were…
photo credit: ToOliver2 Dr Gavin Putland Taken from the Dec – Jan edition of Progress. Download Progress (8MB) If a “site” is a piece of ground or airspace, then the “rent” of the site is simple enough: it is…
photo credit: Hyaground Peter Martin, the journalist with the biggest sieve (catching all those Henry Tax report leaks), wrote recently on the LP’s highly secretive Ergas report: The report proposes an annual land tax that would extend to the family…
photo credit: mugley The plot thickens with Glenn Milne reporting THE Federal Government’s biggest tax inquiry in more than two decades is set to propose a national land tax, a new resource tax and a congestion tax for clogged cities.…
photo credit: ViaMoi Re the AFTS Tax Forum in Melbourne late last week, a number of articles came out highlighting points favourable to our cause. Tim Colebatch writes in Scrap Negative Gearing: The review, chaired by Treasury secretary Ken Henry,…
The Business Council of Australia wants to raise GST in return for a halving of corporate tax rates in its latest Henry Review submission. This will increase the regressive rate of taxation upon the less privileged. With effective corporate tax…
photo credit: spike55151 Dr Terence Dwyer – B.A. (Hons) B.Ec. (Hons) (Syd.) M.A. Ph.D. (Harvard), Dip. Law (Syd.), FTIA, Visiting Fellow, Crawford School of Economics and Management, Australian National University. Dr Dwyer’s Submission to the Henry Tax Review Executive Summary…
by Gavin R. Putland A speech by Treasury Secretary Ken Henry on “The Future of State Revenue”, delivered on Mar.27, belatedly received some coverage in the Australian Financial Review on May 5. At one point Dr Henry said: Globalisation means that…