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Selling alleys and lanes: latifundia at work.

Melbourne City Council is selling lanes to developers, according to The Age today. It makes a pretty penny, too, having pocketed $1.2 million from the sale of part of three lanes in the last 12 months alone. The article sparked an intense debate on the newspaper’s...

Tax reform is hard and dreary work.

photo credit: Cayusa   Tax reform is hard for government: losers complain loud and long, while those who will benefit are suspicious and silent. We should be angry as hell about the tax system.  It scoops up the earnings of the poor but merely nips at what the wealthy...

Creative Destructionism V Bailout the Destroyers

photo credit: nflorence2012 How to avoid being caught short: US calls in old rules to shield its markets: The slumping financial markets have been rebounding steadily in the past month for several reasons, including regulatory and legislative decisions in Washington....

Rudd Bails out the Wealth Gap

photo credit: mdumlao98 Prime Minister Rudd’s $10bn ‘economic security strategy’ is another blinkered response. A decade of record economic growth has done little for the aussie battler. Record prices for iron ore have cascaded into the deepest...

2030, Affordability and Understanding

Today’s report on the Melbourne 2030 urban growth boundary cries out for a comment from Prosper Australia members. Melbourne University academic Rob Moodie rolled out the usual suspects in recommending that dwellings per hectare improve on the urban fringe, that...

Economics for Activists

Tuesday evenings in May, 6.15pm – 8pm, starting May 1st Ever wanted to read between the lines of the newspaper? Arm yourself with the tools of modern warfare as Karl Fitzgerald takes you through the key understandings required to ‘follow the money’....