infrastructure

AHURI is ‘Home Alone’

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  In an extraordinary outburst, the Australian Housing and Urban Research Institute has today embraced planning constraints on urban subdivision, elevating ‘developer certainty’ over the risk – heaven forbid! – of oversupply. I kid you not. “While it is almost impossible to untangle the many influences on house prices in any jurisdiction (e.g. local desirability, […]

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‘Infrastructure Government’ needs new funding model

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The new Liberal Federal government has boldly declared themselves the ‘infrastructure government’. This infers they have a method to finance the backlog of infrastructure demanded. Tapping superannuation as the source of cheap finance has been the proposed path forward. We doubt superannuation managers be willing to take over from the badly burnt investors in unsuccessful […]

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How land-value windfalls could pay for the Doncaster railway

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The Herald Sun reports research by PRD Nationwide showing that on average, across all Melbourne suburbs, the presence of a railway station in a suburb adds about $48,000 to the value of the median “house” in the suburb. This average rises to $59,500 for the northern suburbs or $105,000 for the eastern suburbs. Of course the […]

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H’infrastructure

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The call for infrastructure spending to lift Australia’s productivity and efficiency widens and deepens every day. Around us, economic activity continues to weaken, particularly in construction. The call to spend big will soon be irresistible. The needs list is very long. Better transport links to shrink distance – anywhere and everywhere. Schools to serve eager […]

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PCA wants to cost shift – onto you

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Glen Byrnes, NSW Executive Director of the Property Council of Australia has a Fairfax op-ed out on the Fire Services Levy that has me seething. You will be too when you understand the filthy game he is playing. Victoria’s Fire Services Levy was a charge added to fire insurance, which meant uninsured property owners got […]

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Melbourne needs Choo Choos!

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The Victorian Government wants to, needs to, spend billions on Melbourne transport to catch up with the city’s explosive growth. As John Legge kindly points out in a must-read at The Age: “The affluent have crossed the Yarra and now colonise almost all of the zone-one public transport area, delighting in the benefits of the […]

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Not the Queensland Budget Speech

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. . . … Madam Speaker, if the Government is to balance the Budget in these difficult times, it cannot afford to indulge in forms of taxation that shrink the economy from which all public revenue is drawn. In some allegedly “conservative” circles, it has been argued — apparently with a straight face — that […]

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Baillieu’s new Building Tax and Land Subsidy

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“This reform means Victorians have a new building tax while the value of our fire service boosts the price of land.”

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What a load of garbage!

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Hobsons Bay Council is considering charging residents by the kilogram for garbage removal. While markets have their place, putting a price on rubbish will have many unintended consequences, few of them pleasant. The anti-social will cost-shift, stuffing their garbage into neighbors’ bins in the middle of the night. Locked bins? What about pedestrians who drop […]

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Big Holes or Money Pits?

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Major transport projects costing billions are being proposed for Sydney and Melbourne to shrink these sprawling cities. NSW Premier Barry O’Farrell’s plans to ‘fix’ Parramatta Road by ripping it up and installing the M3 in a cut-and-cover tunnel. The poor state of Parramatta Road has ruined the sleep of every NSW Premier since Charles Cowper […]

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