Australia has a problem: we can’t build roads, rail and schools as fast as population is growing with current government financing methods. Failing to keep up with our current needs – let alone investing for an uncertain future - puts the living standards of everyone...
BLOG: land value capture
Gold Coast light rail study helps put a figure on value capture’s funding potential
by Dr Cameron Murray cross-posted from The Conversation Value capture actually can work when it comes to funding new transport infrastructure. My research on the Gold Coast light rail provides the figures to demonstrate the size of the gains to nearby land values,...
Rail crossing removal makes me cross – do it properly!
The next rail crossing to be removed by the Victorian Government’s Level Crossing Removal Authority is at Grange Road, Alphington. It is asking locals whether they would prefer a sky bridge over or a concrete trench under. The good residents of Alphington are being...
The Andrews government underground gift to wealthy landholders
Victorian taxpayers were kicked in the teeth yesterday by Public Transport Minister Jacinta Allen, who announced city landholders would not have to contribute to the $10.9 billion Metro Rail project, though they will enjoy substantial and certain land prices rises...
The Easy Economics of High Speed Rail
Last week I was invited to give a presentation at Melbourne University to the Beyond Zero Emissions discussion group on the ability of Land Value Capture to finance infrastructure. They also asked for an Econ 101 type introduction. In 2014, BZE released a report Zero...
If We’re Going to Pay Tax
"If we’re going to have to pay tax we should pay tax in the most efficient, the most reasonable and most equitable way." So said Fairfax journalist Michael Pascoe on this week's Renegade Economists radio show. Transcript Karl Fitzgerald: This week listeners we’re with...
Influence public debate this way
Our fortnightly Evolving Economics enews. Subscribe here. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2016 SLF Festival this weekend Earthsharing Australia will be spreading the message of earth...
Environment minister Greg Hunt’s new ‘value capture’ language
Environment minister Greg Hunt, on behalf of the Turnbull government, is offering new language about ‘value capture’ – a fresh way to fund infrastructure using the uplift in land values from civic investment. From a speech to be delivered to the Sydney Business...
Senate Inquiry soon
Our latest Evolving Economics enews - sign up for the fortnightly news delivering the best insights on the tax system we simply have to have. Why settle for second best? Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing...
We spend, you win, you pay
Karl Fitzgerald was interviewed yesterday on ABC morning radio with Jon Faine. The hot topic was PM Turnbull's innovative push to utilise value capture for infrastructure financing. We have long advocated this reform. Karl Fitzgerald on ABC radio re Land Value Capture...