Let tax reform drive your voting decision this election with the Prosper Australia 2025 policy scorecard.
BLOG: resource rents
Simple tweak to resource royalties could raise almost $15B a year
Prosper Australia today released new research examining Australia’s resource royalties. Australian states could capture an additional $14.5 billion in revenue each year by moving to a more flexible royalty model with variable rates that adjust to market conditions.
Australia: Made for Free Trade and a Tax on Rent
132nd Henry George Address by Professor Ross Garnaut Australia: Made for Free Trade and a Tax on Rent (Transcript of speech recorded at the Kelvin Club, Melbourne, 7 September 2023. Lightly edited for clarity and brevity.) Thanks, Tim, and very good to be here with...
An Open Letter To King Charles III On His Coronation
An Earth Rights Manifesto from Alanna Hartzok, Earth Rights Visionary and United Nations NGO Representative for the International Union for Land Value Taxation. His Majesty King Charles III Buckingham Palace London SW1A 1AA Your Majesty, I write to you as your...
How to tax superprofits: a lesson from the sunshine state
Last year on budget night, Queensland caught the coal industry off-guard, announcing three new upper-level tiers to the state’s royalties regime. Queensland’s previous royalty schedule had only two brackets: seven per cent up to $100 a tonne, then 15 per cent for...
Workers and businesses need to get on the same page: it’s time to tax super-profits
The wage share of our collective income is at historical lows while the profits share is on the rise. Why is this? There has been some dispute over what impact wages have on inflation (practically none), and if profits have driven inflation. Yet the picture is clearly...
Added and “unadded” value in the Australian economy
Australia’s economy is dominated by sectors which derive significant revenue from “economic rents” – or unearned income.
A petro state without the petro dollars
On Friday 20 August, Jesse Hermans & I appeared at Senator Patrick’s Oil & Gas Inquiry. The focus of the inquiry was to evaluate what Australia could do to maximise returns from publicly owned oil and gas resources and examine how other nations have designed their tax systems. Particularly in light of climate change and the potential for stranded assets.
Submission – Australia’s Oil and Gas Reserves Inquiry
Prosper recently submitted to the Standing Committee on Economics' Australia's Oil and Gas Inquiry. The Reform Agenda An effective resource rent mechanism is paramount to guaranteeing the economic rights of all citizens. This ensures the public receives a fair share...
2019 Federal election policy comparison
The 2019 Federal Election is only a few days away… But how can you maximise your vote to shift the tax system away from unproductive rent seeking? Which parties have the best policies to deter land speculation, and reduce wealth inequality from inflated land prices?...