132nd Henry George Address by Professor Ross Garnaut Australia: Made for Free Trade and a Tax on Rent (Transcript of speech recorded at the Kelvin Club, Melbourne, 7 September 2023. Lightly edited for clarity and brevity.) Thanks, Tim, and very good to be here with...
BLOG: land rent
I need a pay rise. Something deep and structural…
For our collective angst over Australia's economic decline, wage growth is an indicator most dreadful. Look into the eyes of stagnating wages growth and see property markets crash, governments crumble, and hi-viz-vested citizens burning bankers in the streets. What...
The other vacancy report. New rental streams from excess car parking?
According to the lovely Dr. Elizabeth Taylor over at RMIT, parking in Melbourne's city centre now occupies the equivalent of 225 MCGs. The main reason for this bounty: minimum car parking requirements in the planning scheme. These requirements compel developers to...
Will Company Tax Cuts Trickle Down or Trickle Up?
By Catherine Cashmore The proposal to cut the company tax rate from 30% to 25% has received much media attention. We are repeatedly told it is needed to boost investment. The rational follows that companies are more likely to invest in productivity if they don’t have...
The Natural Source of Public Revenue
By Clare Tindall. This is an excerpt of a piece that was originally presented almost 50 years ago, at a Georgist Youth Night in 1967. It was published in the October 1967 edition of Progress Magazine. It is at such a time as this, when we are filling out our taxation...
Canberra Land Lease reform
Canberra Times March 17, 2013 Christopher Erskine (Time for a new lease on life, March 9, p7) is correct that it was the writings of American political economist Henry George that inspired Canberra's founders to put in place a leasehold system of land tenure. It was...
The irregular ratio spooking property
by Philip Soos Escalating housing costs have, of course, received much attention as both prices and rents increased faster than incomes and inflation over the last decade. In this vein, property research firm RP Data launched a monthly report called Buy vs....
Land price too high
From the Canberra Times 5 April 2012. Your article “Capital’s housing prices highest in the country” (April 3, p1) was missing one very important word – land. As we move toward Canberra’s centenary celebrations it is time to reflect on the great wedge that is driving...
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 Prosper...
Land Tax REDUCES Rents
Dr Gavin Putland of the Land Values Research Group drives a stake through a vampire heart in the Letters page of today's Australian Financial Review Joanne Seve (Letters, August 5) regurgitates the property lobby's favourite untruth, namely that land tax is passed on...