One of the biggest impediments to labour mobility are stamp duties levied on housing transactions. Stamp duties can add tens-of-thousands of dollars to the cost of changing home, leading to fewer transactions and discouraging labour mobility.
Mr. Clyde Cameron AO was the member for Hindmarsh in South Australia. These speech extracts were published in Progress Magazine, December 1968. One of the biggest difficulties for people wanting to build a house today is to find a suitable…
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…
This speech is taken from Progress Magazine Issue No. 936, February 1988. It’s by Morris Williams, member for Doncaster and a past president of Prosper Australia (then known as Tax Reform Australia). SPEECH FOR LAND TAX IN THE VICTORIAN PARLIAMENT…
The Napthine government is determined to limit land supply and thereby further increase the cost of land for all in Melbourne.
The price of freshly subdivided land on the outskirts of cities reverberates and amplifies all the way to their centre. Constricting supply has profound implications.
The Property Council of Australia is ‘vehemently opposed’ to Canberra’s special land levy to part-fund the $600 million light rail project from Gungahlin to the city, calling it “just another property tax in disguise”.
Sometimes, through the smoke and fireworks of the national debate a political commentator sees the path forward and points the way. Today in the Australian Financial Review, Alan Mitchell takes a far-sighted approach to the crisis provoked by the Abbott…
There is a better revenue base available to Victoria today: State Land Tax. Just remove its exemptions, thresholds and wheezes and consign Stamp Duty to the scrapheap. That SLT has deadweight losses of nil, so no wasted lives or people trapped in and out of housing.
There’s only one reason we have devastating house price booms and busts – the pre marker to any recession and economic disaster, and that is speculation induced in this case, through the privatisation of unearned gains.
WA Treasurer Mike Nathan has heard the call from REIWA President David Airey to end Stamp Duty and fund this by removing exemptions from State Land Tax