privatisation

Andrews Government sells Land Titles Office for a $32m p.a. loss

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The Andrews government have privatised the Land Titles Registry this week on a 40 year lease for sum of $2.86bn. The Government claim that this exercise is to “fund new schools, hospital and transport infrastructure.” Let us be clear, this sale does not fund a thing. State government assets are not magic money trees that […]

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Submission on the Privatisation of Land Use Victoria

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Submission to the Standing Committee on the Environment and Planning Inquiry into the proposed long-term lease of land titles and registry functions of Land Use Victoria June 22, 2018 To Mr. David Davis (Chair): Prosper Australia is Melbourne-based not-for-profit engaged in research and advocacy. Our primary focus is on the political economy of land and […]

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A Radar for Common Sense

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Our Renegade Economists radio show is celebrating its 500th show next week. Here are some recent highlights: The International Union for Land Value Taxation’s Alanna Hartzok discusses the political implications of a world unable to comprehend the onslaught of record land prices, immigration and inequality. UN developments alongside water rights are also analysed. Check the […]

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Value Capture for Victoria

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  Debate over the new Melbourne Metro Tunnel and the funding needed is expected to heat up now that PM Abbott has said the $1.5 for the E-W Link is ‘locked in a box’. An interesting article in The Age highlighted the need for value capture: One idea floated this week, including by one of […]

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Airport parking mafia

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The power of monopoly rights was recently exposed with the growth in parking revenue at Melbourne Airport. Australian Pacific Airports Corporation is the owner of Melbourne Airport, a group controlled by a number of Australian infrastructure funds. It was reported in this Herald Sun article that Australian Pacific Airports Corporation derives 18.3% revenue from parking, […]

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