photo credit: Erica_Marshall Stephen Long at the ABC has written two articles in 2 days on genuine tax reform, commenting on the rumour that the Henry Review will promote a broad based Land tax, including the family home. Let’s hope…
photo credit: alexkon Karl Fitzgerald Project Coordinator and Web Editor the Saturday Age – Business section, p2, Oct 25th. FREE market principles are being put to the test like never before. With share prices collapsing, policymakers are scrambling to keep…
photo credit: x_jamesmorris Wednesday’s release of the Architecture of Australia’s Tax and Transfer System review paper saw commentary by lobby groups attacking capital gains taxes. PETER ANDERSON, CEO ACCI: Our capital gains tax has not been looked at in an…
March 08 figures reveal that loans for first home owners dropped to just 16.4% of owner-occupied approvals. Yes 16.4%! The Great Australian Dream is being dominated by baby boomers and/ or speculators. Those that most need a roof over their…
Todays Age article on Land Tax Cuts Wont Bring Savings alerts all those interested in defending the communities right to a share of the free lunch land prices reflect. The next few weeks will see the property lobby step up…
The real issue forcing land prices up are the huge economic rents available to land speculators. With Jeff Kennett’s move away from Site Value rating to Capital Improved Value (CIV) rating, land speculators can purchase land, sit on it and…