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Property Supply Magic

photo credit: Super Doily As published in yesterday’s Online Opinion As if out of thin air, a magical 46 per cent more property was offered for sale in February than a year earlier. Like the heavens opening after a long drought, desperate first home owners must...

Trolls swarm ‘Buyers Strike’

The internet-based Buyers Strike led by Prosper Australia has become a magnet for anonymous trolls trying to deflect the debate from the key issue of housing affordability with abuse and vilification. “Their message to first home buyers is simplistic and insulting:...

A Grounded Tax System for Australia

photo credit: Timmy Toucan You are cordially invited to an interactive seminar: A Grounded Tax System for Australia Thursday 24 February 2011, 7.00 pm Presenter David Collyer Why work for wages when tax takes the cream? Why risk a business when government sucks your...

Liberate labor and enterprise

photo credit: mtsofan Panics do not destroy capital – they merely reveal the extent to which it has previously been destroyed by its betrayal in hopelessly unproductive works.” – John Mills* “Credit Cycles and the Origins of Commercial Panics”, 1867. Around the...

Obfuscating Economic rent

photo credit: Laurie | Liquid Paper The agenda of landowners never changes: shifting taxes off land onto labor and capital is a battle fought every day in every way. Dr Gavin Putland has an excellent letter in the Australian Financial Review today. Recommended...

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...

Thank you, Dr Henry

Dr Ken Henry has resigned after ten tumultuous, torturous years as Australia’s Secretary of the Treasury, effective March. Treasury Secretaries are notorious for being conservative prickly characters – the role demands they destroy the half-baked enthusiasms of...

Port of Portland: sunk

Portland in South West Victoria is a beautiful city.  It was first illegally settled by the Henty brothers in 1834.  It became a home to whalers and sealers and the city boasts many fine stone buildings from that era. After all the whales were killed, Portland went to...

Melbourne’s secret plan

photo credit: Lucia. . . A secret map of Melbourne’s transport plans for the next 30 years was published in The Age yesterday. Doubts were raised about its authenticity (weakly, unconvincingly) by the Victorian government. Average householders may shrug, but this is a...