Value capture is an equitable and efficient funding mechanism to support the development of high speed rail. It ensures that those who benefit the most from high speed rail contribute to its cost.
BLOG: value capture
Victoria’s Housing Statement – A promising start, the details will determine success
Victoria’s new Housing Partnership shows a lot of promise. The devil will be in the detail. Prosper Australia unpacks the issues.
NSW and VIC value capture reforms: A comparison
By Li YiLin Value capture type reforms are underway in Victoria and New South Wales. Both governments aim to increase contributions from people who benefit from public decisions that increase land values, known as value capture,...
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...
Select Committee on Value Capture: Public Education campaign vital
Following our Parliamentary submission, Prosper Australia was asked to appear at the Select Committee into the Scrutiny of Government Budget Measures - 05/11/2015. The transcript is now available. Transcript via Hansard CASHMORE, Miss Catherine, President, Prosper...
Reform Agenda Machinations
Published as The Planned Obsolescence of the Public Interest in Online Opinion A fascinating power play continues in the debate over vertical fiscal imbalance. The strategic intent is prevalent from federal to local politics, where the health of the public revenue...
Value Capture Variants
Last Thursday Catherine Cashmore and I addressed the Select Committee into the Scrutiny of Government Budget Measures. Read the Hansard transcription. We felt it important to put on the public record the various value capture mechanisms with commentary on their...
Senate Inquiry soon
Our latest Evolving Economics enews - sign up for the fortnightly news delivering the best insights on the tax system we simply have to have. Why settle for second best? Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing...
Monopoly rents on notice
The last few weeks have seen more good news in support of our objectives for economic justice. Monopoly rents have been called into question in a variety of different guises. Yesterday Peter Orszag (Obama's budget czar) was in Australia for a conference and was quoted...