Australia’s economy is dominated by sectors which derive significant revenue from “economic rents” – or unearned income.
BLOG: tax reform
NSW and the holy grail of transport funding
In July 2021, Prosper was privileged to host a zoom webinar by Joe Langley, a global expert on value capture mechanisms for transport. Joe's talk was based on an article he wrote on the ongoing developer contribution reform effort in NSW. The full article is...
A petro state without the petro dollars
On Friday 20 August, Jesse Hermans & I appeared at Senator Patrick’s Oil & Gas Inquiry. The focus of the inquiry was to evaluate what Australia could do to maximise returns from publicly owned oil and gas resources and examine how other nations have designed their tax systems. Particularly in light of climate change and the potential for stranded assets.
130th Henry George Commemorative Address
This event was held on Wednesday, September 1, 2021, over Zoom. We all want to know “what’s next?” after the pandemic. The right to a roof over our head (and some land upon which to stand) has been especially highlighted by this global crisis. Who better to make sense...
Has NSW discovered the holy grail of transport funding?
In its latest budget, the NSW Government has laid the foundation for a global best-practice model for major transport funding. Zoom Webinar: Wednesday, July 28th 12:30pm While Victorian's woke up on budget day to a surprise rezoning windfall gains tax, the NSW...
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. They also say that...
States drive sustainable tax reform
Until recently, no government had a “cogent plan” to deal with impending combustion of Commonwealth fuel excise revenue. But now Victorian Treasurer Tim Pallas has risen to the challenge both to future proof Victoria’s road charging regime, and make Zero and Low...
2020 Land tax reform highlights
The year of 2020 was a shocking year for many reasons, from the bushfires to a global pandemic. But there were some positives too, especially for land tax reform. Here are some of the developments that should give us some cautious optimism for the years ahead. NSW’s...
Housing vacancies continue to increase as land price booms
Vacant Residential Land Tax is ineffective in curtailing property vacancies in Melbourne. Policy must prioritise housing as a human right, not a profit generating tool. Budget housing policy will drive up land prices, countering the need for fairer post-covid housing...
Webinar – A capital effort! What the ACT can teach us about land tax reform
After eight years, the ACT’s bold experiment in tax reform is paying dividends. Can other states emulate the ACT's success? What: Zoom panel discussion with Q&A When: 12:30—1:30PM Tuesday Nov 10th Join our expert panel of tax boffins as we explore the options and...