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Funding Infrastructure

Letter to the Editor The Age 24/07/2012 Using the uplift in private land values to fund infrastructure projects (Doncaster railway line ‘could be built for $840m) is one of the recommendations of the Ken Henry review of taxes that was immediately abandoned by...

Ride for free or pay the fine

In his second budget, Victorian Treasurer Kim Wells is aiming for a surplus of $155 million, of which $109 million is due to increased fines. The Government has budgeted for $662.5 million in total fines, including $306 million from road-safety cameras, in 2012-13....

Privatisation and Public Finance

photo credit: Peter Blanchard The failure of both sides of politics to understand the role of effective public finance is undermining Australia’s future. Stamp duties in Victoria are plummeting, undermining the Baillieu government’s determination to...

Developer Levies drive up land prices

10 November 2011 MELBOURNE:- The Growth Corridor Plan announced by the Baillieu Government presents Melbourne with big challenges. How to pay for the massive infrastructure needed is front and centre – and unmentioned in the Plan. “Demand for new and better...

No Reform – Paradise Postponed

photo credit: Steve – wants a job at Chester ZooMELBOURNE and CANBERRA:- Australians had high hopes the Tax Forum would herald the end of taxes that distort and diminish economic activity as Ken Henry recommended. Sadly, these hopes have been dashed, says...

Rethink that Fire Insurance Levy, Mr Premier

  30 August 2011 MELBOURNE:- Massive hikes to the Fire Services Levy are a very poor way to fund bushfire preparations, says Prosper Australia. “While this move may appear sensible, if insurance premiums in fire-prone areas rise to the $1,000 mentioned in the...

Disguised Increments

photo credit: Torley   The Externalities Factor in Land Economics Leo Foley Leo is our guest speaker at our 120th Annual Henry George Commemorative Dinner, on this Thursday. This article was taken from Progress Magazine. Subscribe now for a free Trial...

Land greed drives Arab fury

photo credit: CharlesFred Revolutionary spirits are boiling over across the Middle East. Mubarek of Egypt has fallen; Gaddafi is washing the streets of Tripoli with good Libyan blood. The problem is the division of wealth: citizens live in abject poverty while a...

Australia’s world-beating real estate

photo credit: pierre pouliquin The seventh annual Demographia International Housing Affordability Survey is out.  Australia is still a world-beater: our house prices are judged Severely Unaffordable in almost every city.  Sydney comes second to land-constrained Hong...