Two organisations share the acronym PCA: the Property Council of Australia and the Prostitutes Collective of Australia*. One makes a useful civic contribution, the other is a bunch of filthy whores who will do anything for money and deserve universal…
PRESS RELEASE 19 May 2015 MELBOURNE:- Federal Treasurer Joe Hockey has endorsed moves by South Australia to abolish Stamp Duty and replace it with a nil exemption, broad-based land tax. He said the cost of an annual land tax would…
by Bryan Kavanagh reposted from On-Line Opinion Whilst in Newgate Prison (1827-1830) for the abduction of heiress Ellen Turner, Edward Gibbon Wakefield had a great idea. If you kept land prices high in the new British colonies, people could be…
West Australia’s Barnett government has just handed down its budget. It is the ugliest baby I have ever seen. The AFR reports: All key financial measures have been blown apart in the state budget, with net debt (above $30 billion)…
The South Australian government is undertaking a tax review to boost state competitiveness and economic efficiency. Their main focus is considering abolishing conveyencing Stamp Duty and funding this by removing exemptions from the existing State Land Tax. Prosper Australia has…
by Noah Smith The idea of a Land Value Tax (LVT) is to tax the value of land independently of the value of improvements on that land (e.g. buildings, farms, or mines). Separating the value of a plot of land…
Treasury today released its submission to the federal Tax White Paper. It has found a tax that actually confers a benefit on Australian citizens. That is, using it actually leaves us better off. It isn’t a new tax. It is…
Prominent Australian investor Mark Carnegie has called for tax reform to end the policy and financial straight jacket we find ourselves in – pointing to land tax, a resources tax and a lift in the GST to 15 per cent.…
by Alex Sachez Australians love their property. Whether it be their own place of residence or whether it be their nest egg investment place, Australians love to buy and accumulate property. You don’t have to look too far to see…
In the second leaders debate of the NSW election campaign televised tonight, ALP opposition leader Luke Foley proposed buyers be allowed to defer Stamp Duty, allegedly to ‘help improve housing affordability’. This idea must be condemned. Either Mr Foley is…