Melbourne City Council is selling lanes to developers, according to The Age today. It makes a pretty penny, too, having pocketed $1.2 million from the sale of part of three lanes in the last 12 months alone. The article sparked…
photo credit: jcarter The Commonwealth of Australia was built on the sound principle natural resources are part of every Australian’s endowment. The Henry Tax Review recommended and the Rudd government has accepted a new tax system for mining that…
photo credit: anarchosyn The Henry Tax Review’s highlighting of Land Tax as a policy direction is a welcome and encouraging development, says Prosper Australia. “This is THE tool to liberate the people of Australia from their current financial difficulties,” Prosper…
Gavin Putland The ACT’s Land Rent Act, with promised savings of 79% compared to the standard mortgage-based system of home ownership, took effect on July 1. This is an innovative housing affordability policy. Here’s what I wrote about it a…
A grasp of economic rent is vital to understanding geoism and the path to social justice and environmental sanity. Short definitions are helpful but limited – the return to privilege; a free ride at society’s expense; unearned increment; excess profits…
Robert J McAlpine, President Prosper Australia The time for thinkers on economic matters has come! By neglecting the field of property valuation, mainstream economists have missed some of the most important factors in market price determination There exists an almost…
This article was presented at a late 1980’s meeting prior to ACT self government and published in the Canberra Times. Terry Dwyer ACT finances will come from three sources – taxes, grants and borrowings. I do not propose to say…
by Leo Foley The primary source for this paper is “Canberra in Crisis” by Frank Brennan, 1971 The Road to Leasehold – the origins of the Canberra leasehold system.. Canberra is the offspring of politics and a social ideal. The…