by Philip Soos cross-posted from Independent Australia Banks, abetted by government, want you to keep getting crippling mortages to pay for vastly overpriced land, but the party can't last forever. Over the last 20 years, housing has developed a reputation as a...
BLOG: housing affordability
Homeless Protest Tax Incentives for Hoarding
Today we featured in the Guardian article by Van Badham: Meet the homeless protesters who are taking on tax breaks for the rich. It has people talking - 236 shares and 208 comments in just a few hours. Badham writes: Word of this betrayal travelled through Melbourne’s...
PM to lift the stone from your chest
Malcolm Turnbull today offered a gift of $1000 to every man, woman and child in Australia. The money will come every year forever – if the states and territories end Stamp Duty and fund this by removing the exemptions and wheezes from State Land Tax. No, we don't get...
Property big short is long on price
A letter in today's Australian Financial Review by Dr Philipp Hoflin, a member of Lazard Asset Management's equities team soberly expresses the discomfort among sharemarket investors about the Giant Australian Land Bubble. Property big short is long on price In...
If you’re not a property investor, your retirement plans don’t matter, says IPA
by Dr Gavin Putland Professor Sinclair Davidson for the Institute of Public Affairs has written an “occasional paper” under the title “What politicians need to know about negative gearing”, opposing the known Labor policy of allowing negative gearing only for new...
Reform Negative Gearing Now!
Are you locked out of the housing market? Do you want to see an end to market distorting subsidies to property investors? Sign the petition! This petition calls for the Federal Government to reform negative gearing NOW! Negative Gearing must be limited to new housing...
Saul Eslake, Negative Gearing and Policy Promise
Renegade Economists radio show #430 Read the show notes. Subscribe to the leading Georgist weekly podcast. Karl Fitzgerald: And welcome the Renegade Economist with your host, Karl Fitzgerald. And, my, oh, my, hasn’t it been in the news, negative gearing, there’s been...
Treasury Secretary falls for Gearing Myth
The Treasury Secretary John Fraser was recently found wanting in the Senate Economics committee on the most controversial tax in the country. When asked by Senator Peter Whish-Wilson what would happen to rents if Negative Gearing was removed, he provided the following...
Influence public debate this way
Our fortnightly Evolving Economics enews. Subscribe here. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2016 SLF Festival this weekend Earthsharing Australia will be spreading the message of earth...
The Verve of Vested Interests
The Property Council of Australia’s shameless threat to both sides of politics to look the other way on negative gearing reform is a slap in the face to the democratic process. Is this the stick accompanying the $2.4m in carrots donated to both sides of politics? For...