LAND TAX DRIVES STABILITY Changes to land tax and the introduction of a windfall gains tax will drive stability in the Victorian housing market, according to Victorian economics research group Prosper Australia. Prosper advocacy director Karl Fitzgerald says the property…
Vacant Residential Land Tax is ineffective in curtailing property vacancies in Melbourne. Policy must prioritise housing as a human right, not a profit generating tool. Budget housing policy will drive up land prices, countering the need for fairer post-covid housing…
Politicians must put aside ineffective market boosting policies if they wish to achieve housing affordability and improve social housing infrastructure in Australia. Australia has become dependent on high house prices to sustain new housing construction, which is why new supply…
Our first Annual Henry George Commemorative Address via zoom saw Professor Nicole Gurran usher the audience through the fallacious arguments that high Australian home prices are due to planning regulations choking the supply of new dwellings. A vibrant Q &…
If land prices are to be stabilised, wages and inflation need to rise.
The Australian Fabians are running an interactive event on “Housing and Homelessness” that coincides with the time we normally run our own discussion night. So we thought we’d join in to help bring a Georgist perspective to the table and contribute to the conversation.
Victorian Treasurer Tim Pallas has pre-announced Land Tax changes ahead of Monday night’s state budget. Expect a dramatic budget contraction as Victoria’s key ‘own revenue’ source, Stamp Duty, has shrunk with the fall in both property transaction volumes and prices.…
The 2019 Federal Election is only a few days away… But how can you maximise your vote to shift the tax system away from unproductive rent seeking? Which parties have the best policies to deter land speculation, and reduce wealth…
Have you ever wondered what oversight is provided to ensure investors place their properties on the market at market rents? Or do some push rents higher so they fail to rent and NG writeoffs are accentuated? Recently the Greens senator…
The proper function of the property industry is to keep the productive economy housed as cheaply as possible, so that investment in future production is not crowded out by the cost of occupying space — that is, by the cost of…