The House of Representatives economic committee inquiry into Home Ownership was opened with fanfare and encouraging comments by chair John Alexander (Liberal, Bennelong): "Some have said we are on track to becoming a Kingdom where the Lords own all the land and the...
BLOG: housing affordability
Free the people – use good taxes
The Housing Industry Association's Harley Dale and the Urban Development Institute's Michael Corcoran have called for the repeal of Stamp Duty in favor of a broad-based land tax, News Corp reports today. Both lobby groups fear an extension of the GST to building...
Squaring the circle: The contradictory arguments against limiting negative gearing to new homes
By Gavin Putland. Cross-posted from Land Value Research Group. Of all the proposed reforms to negative gearing, the one with the best chance of being supported by a major political party — hence the best chance of getting through Parliament — is to disallow or...
Top 100 Documentaries to Change the World
Our documentary REAL ESTATE 4 RAN$OM made this list, and close to the top too. These cold winter days are perfect for a watch.... or re-watch!
More property lobby propaganda – Take Action!
ACIL Allen Consulting released a misleading report commissioned by the Property Council of Australia and the Real Estate Institute of Australia about negative gearing. Among its claims are that middle income earners are the primary beneficiaries of negative gearing...
Speculative Demand from Real Estate family
The Treasurer who told us to simply change jobs to afford skyrocketing Sydney has revealed his real motivations for ignoring the land bubble. He dropped the bombshell on 3AW with Neil Mitchell: “Yeah, well I come from a family of real estate agents…” The locked out...
Clean Money in a Dirty System
Clean Money in A Dirty System - a seminar with Cameron Murray Wednesday, 24 June, 12.30 - 1.30pm RMIT City Campus, Swanston Street Building 80, Level 05, Room 012 Presenter: Cameron Murray RSVP (attendance is free) Prosper has teamed up with RMIT University's Centre...
Australia’s land price conundrum
by Bryan Kavanagh reposted from On-Line Opinion Whilst in Newgate Prison (1827-1830) for the abduction of heiress Ellen Turner, Edward Gibbon Wakefield had a great idea. If you kept land prices high in the new British colonies, people could be forced to work like...
Budget deadweight, Prosper happenings
Join our fortnightly enews on all things evolving economics. Read past editions. Share with your friends! Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia MAY 2015 Gratis Tech Crash 101 Our deepest apologies...
Melbourne and Sydney are in housing oversupply
by Lindsay David If I were an Australian central banker, politician, bank economist, or even a negatively geared property investor, I'd be telling you Australia has a chronic housing shortage, which is responsible for our sky-high housing prices. But as an independent...