On a Win
Renegade Economists Show 601 As broadcast on the 3CR airwaves. Subscribe to the monthly podcast. Show Notes Our final radio show on 3CR sees Karl going out on a win, discussing the Windfall Gains Tax legislation that passed last week.…
Tag rezoning
Report Launch – The rezoning ‘honeypot’
Prosper’s latest report scrutinises the rezoning windfalls at Fishermans Bend. Tuesday, 29 June 12:30pm Online event. Register for zoom link Join report authors Emily Sims and Jesse Hermans, with special guest Cameron Murray. Most of us feel that it is…
Rezoning Windfall Gains Tax – FAQs
Homebuyers might be wary of taxing rezoning windfalls, because they worry it will increase the sticker price of housing. The property industry says that taxing rezoning windfalls will increase the cost of housing because the tax will be passed on.…
Public deserves to reap benefit of windfall
Letters to the Editor AFR, Wednesday June 27th Michael Musgrave’s new value capture tax will hit every development in Parramatta [$] (25/6 AFR) made a strong case for his constituents. It’s the Australian way for property developers to make rezoning…
Missing the point on corruption
by Dr Cameron Murray reposted from macrobusiness On Friday 28th April I am appearing and Queensland’s Crime and Corruption Commission’s Operation Belcarra as an expert witness on relationships between councillors and property developers, and how that leads to favouritism. A…
Rezoning in Queensland rife for further investigation
If only 4 Corners was edgy enough to cover this important work, because as Fairfax’s Michael Pascoe said, this research should be triggering a royal commission. Cross-posted from Cameron Murray’s Fresh Economic Thinking blog How to get your land rezoned:…
Monopoly rents on notice
The last few weeks have seen more good news in support of our objectives for economic justice. Monopoly rents have been called into question in a variety of different guises. Yesterday Peter Orszag (Obama’s budget czar) was in Australia for…
Land Based Wealth An Illusion
The Age Dear editor, Alan Moran (The Age, August 3, “Land-based wealth an illusion”) has it partially right. He correctly claims that inflationary pressures provide the impetus for interest rate pressures. He also correctly claims that there is a disparity…