Prime Minister Malcolm Turnbull has produced so many thought bubbles on tax reform he makes fresh beer look flat. His latest effervescence is for the states to levy their own income tax on top of the Commonwealth take. He needs…
Are you locked out of the housing market? Do you want to see an end to market distorting subsidies to property investors? Sign the petition! This petition calls for the Federal Government to reform negative gearing NOW! Negative Gearing must be…
The Treasury Secretary John Fraser was recently found wanting in the Senate Economics committee on the most controversial tax in the country. When asked by Senator Peter Whish-Wilson what would happen to rents if Negative Gearing was removed, he provided…
By Gavin Putland. Cross-posted from Land Value Research Group. Of all the proposed reforms to negative gearing, the one with the best chance of being supported by a major political party — hence the best chance of getting through Parliament…
ACIL Allen Consulting released a misleading report commissioned by the Property Council of Australia and the Real Estate Institute of Australia about negative gearing. Among its claims are that middle income earners are the primary beneficiaries of negative gearing (debunked…
Join our fortnightly enews on all things evolving economics. Read past editions. Share with your friends! Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia MAY 2015 Gratis Tech Crash 101 Our deepest apologies for Wednesday’s…
Comedy central, this guy says it all. If only there was a transcript! The emotions this video elicit will only grow following Tony Abbott’s forceful ruling out of Negative Gearing reform today. He wants ‘lower, simpler, fairer taxes’ and then…
Cycling into work yesterday I bumped into the good Senator Nick Xenophon. I had to yell out “No super access for First Home Owners”! He responded so I hit the brakes and we had a short chat. In good news, Nick said that he…
Press Release for Speculative Vacancies 7 report launch A new report finds 64,386 properties are likely vacancies during Melbourne’s record-long housing supply crisis. “32% of the Docklands may be a speculators paradise but it’s facing a ghost town future if…
Read the report Wednesday November 12th, 6.30pm Presenter: Catherine Cashmore 2/22 Punch La, Melbourne RSVP The 7th Speculative Vacancies report advocates for empty property held for capital gains to be included in Australia’s housing vacancy measures. Read The Age’s write…