Changing the GST was always intended to be hard and is getting harder by the week. Under the so-called intergovernmental agreement on implementation of the GST, any change in the rate or the base required the unanimous approval of the…
11 December 2012 Charging Victorian taxi license holders a stiff annual fee as Prof Allan Fels proposes should be welcomed by every citizen and immediately enacted by government, says Prosper Australia. “TaxiLink director Harry Katsianabis manages 160 taxi licenses worth…
The Victorian Government wants to, needs to, spend billions on Melbourne transport to catch up with the city’s explosive growth. As John Legge kindly points out in a must-read at The Age: “The affluent have crossed the Yarra and now…
Independent MP Rob Oakshott stepped into the media spotlight yesterday saying both the Coalition and Labor want to raise the GST rate – after the election. Sadly, he is correct. ”It shouldn’t just be about the GST. This is about…
15 November 2012 The mining investment boom that carried Australia though the Global Financial Crisis is declining rapidly and new engines of growth are urgently needed to steer around the ‘Controlled Depression’ that is driving the world into a spiral…
17 October 2012 The survey of Victorian local government candidates conducted by Prosper Australia ahead of the 26 October election reveals few candidates understand where and how councils are funded. “We learned only a handful appreciate Site Value Rating is…
by Philip Soos Executive Summary Negative gearing is a popular investment strategy as it allows a net loss to be deducted against an investor’s personal tax liability at their marginal tax rate. While negative gearing has likely been in operation…
Tuesday Oct 2nd, 6.30pm 1/27 Hardware La, Melbourne Presenter: Philip Soos RSVP $5 entry Does Negative Gearing increase rental supply? Is it a path to wealth or a black hole? Download the full report (PDF) Philip Soos has assembled an…
. . . … Madam Speaker, if the Government is to balance the Budget in these difficult times, it cannot afford to indulge in forms of taxation that shrink the economy from which all public revenue is drawn. In some…
Reprinted from On Line Opinion 6 Sept 2012 The apathy of economists about the costs and burdens imposed upon modest citizens is staggering, as though this is their natural lot and there is nothing to be done. Housing is a…