Join our regular enews for all the good news in Evolving Economics. See past editions. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia 2015 Value Capture Agenda Prime Minister Turnbull has promoted his...
BLOG: value capture
We spend, you win, you pay
Karl Fitzgerald was interviewed yesterday on ABC morning radio with Jon Faine. The hot topic was PM Turnbull's innovative push to utilise value capture for infrastructure financing. We have long advocated this reform. Karl Fitzgerald on ABC radio re Land Value Capture...
Payback for marginal seat
The Andrews Government infrastructure jewel - the removal of level crossings - is already creating positives. Local agents say the removals, which will set the rail line below road level, will increase the desirability of properties in the immediate area and have a...
Value Capture for Victoria
Debate over the new Melbourne Metro Tunnel and the funding needed is expected to heat up now that PM Abbott has said the $1.5 for the E-W Link is 'locked in a box'. An interesting article in The Age highlighted the need for value capture: One idea floated this...
Andrew’s Rate Capping Folly
Cr Stephen Mayne invited a Prosper presentation at the Future Melbourne meeting last night. This followed on from the February MCC meeting I presented to in reaction to the short sighted Victorian Government decision to cap local council rating. Cr Mayne had asked...
Privatise at your own peril Premier
Queensland's weekend election saw the largest turnaround in Australian political history. A landslide against the ALP at the last election, now one back their way this time spells an electorate concerned with the economic vision for their future. With much of the...
The Climate Fund Under Our Feet
Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter: Karl Fitzgerald RSVP Last year was Australia’s 3rd hottest on record. The likelihood of a radical future grows with each day we do not take action. The need for greater economic flexibility is...
Value Capture trumps Tolls
Yesterday's press release was quoted in The Age article Pay Up: Grand Plan to get big projects built. After quoting the soft option of tolling drivers, which has failed spectacularly as a financing mechanism in NSW and QLD, the article moves on to quote the RACV's...
Mernda Infrastructure: The Public Right to a Return on Investment
With ALP leader Daniel Andrews' announcement today of plans to extend the rail line to Mernda, the question arises of how to finance it. “The $600m cost will probably be sourced from general revenue. But we ask, why don’t the public receive a better return on...
Infrastructure Funding Diversity
Cross posted from The Conversation By Chris Hale Public transport has a problem with money. Campaigners often argue that mass transit is a public good in its own right, and hence should be very cheap or even free. Mainstream media and even many self-proclaimed...