26 July 2011 MELBOURNE:- “In the last three months alone, ‘Stale Stock’ in Melbourne postcodes 3000-3207 has ballooned from 19,800 to 31,600,” Prosper Australia Campaign Manager David Collyer said today. ‘Stale Stock’ is property on the market for more than…
photo credit: yewenyi “The mismanagement of both the federal tax powers and Australia’s natural assets by the Gillard government is sickening,” Prosper Australia Campaign Manager David Collyer said today. “They are allowing the miners to gouge our country twice.” “Treasury…
photo credit: mugley The Baillieu government has just received a major report into Victoria’s economic efficiency that offers a clear path to redesign state taxes, advance living standards and make Victoria an absolute magnet for employment and investment. “Ted Baillieu…
photo credit: George Laoutaris Will Greece Let EU Central Bankers Run Riot Over Sovereignty? Michael Hudson When Greece exchanged its drachma for the euro in 2000, most voters were all for joining the Eurozone. Their hope was that it would…
“You only find out who is swimming naked when the tide goes out.” – Warren Buffett, Chairman’s letter 2001. Negatively geared property investors are exposing themselves, the banks and every Australian citizen to capital destruction, a highly infectious disease that…
photo credit: Super Doily As published in yesterday’s Online Opinion As if out of thin air, a magical 46 per cent more property was offered for sale in February than a year earlier. Like the heavens opening after a long…
“I warn FHB’s, the agenda of the trolls is to blow one more puff into The Great Australian Land Bubble so they can sell out before the inevitable crash.”
Arab cities lack even the basic facilities we take for granted in the West. The royals live alongside. Their giant palaces nestle in irrigated manicured gardens surrounded by high walls and efficient security.
Last Thursday, the Australian Financial Review leaked Treasury forecasts that the revenues lost in the Gillard Government’s back down on the mining tax will exceed $100 billion over the next ten years
If anyone needed evidence that we live in a plutonomy, here it is. Australian citizens would be rioting in the street if they understood this conspiracy.