In April this year we moved into our new premises at Level 2, 22 Punch Lane Melbourne, still right in the heart of the city but closer to the action in Spring Street. We are excited to invite members and supporters to our office warming: Fri May 31st, 630 pm onwards 2/22 Punch Lane, Melbourne [...]
16 May 2013 MELBOURNE:- The federal budget initiative to omit conveyancing Stamp Duty for retirees down-sizing to a smaller home acknowledges just how destructive and behavior-distorting this vile tax is, says Prosper Australia. “This is a disgusting, economically dishonest policy,” David Collyer Campaign Manager Prosper Australia said today. “Again, the baby boomer generation is being [...]
15 May 2013 MELBOURNE:- Yesterday’s federal budget highlights again Australia’s unbalanced reliance on wage and salary taxation for government revenues, says Prosper Australia. “Taxation discourages. That is why we tax gambling, alcohol and tobacco. Unfortunately, it has the same effect on work. We tax it so heavily it must also be a very bad economic [...]
Land prices are falling across Australia. Yet the politico-housing complex strains at every sinew to hide this from first home buyers and jolly them into making a life-long commitment at the very worst time in eighty years. Problem is, the buyers know. They are very, very aware land prices are ridiculous and we are [...]
by Bryan Kavanagh AAPI Today’s Victorian API news demonstrates the Australian Property Institute is at risk of losing its way: “Property taxes shoulder Vic budget The Victorian government is becoming addicted to property taxes, which will raise over $6 billion in forward estimates for the 2013-14 Victorian State Budget.” [My emphasis] The phrase “becoming addicted to property [...]
A 1999 recording where Friedman discusses the need for bitcoin and the use of Land Value Tax to counter the mobility of capital in the internet age. Bitcoin Explained from Duncan Elms on Vimeo.
28 April 2013 MELBOURNE: – Victoria’s new Treasurer Michael O’Brien taunts first home buyers with a cruel hoax today, announcing grants for new build and targeted stamp duty concessions. He confirmed their role as a patsy for every property-based parasite in Australia. “First home buyers are being bribed with their own money,” David Collyer [...]
Last week I offered a solution to the blight caused by vacant or disused sites in central Melbourne. Everyone is diminished by landowners leaving valuable land unused while they agitate for rezoning profits. The Age’s Bruce Guthrie hopped into the discussion for a hand-wringing but offered no solution. The problem would be reduced by [...]
As published in the Economic Society of Victoria’s Ceteris Paribus. “You have to ask, if those being duped are too naive to complain, and those profiteering are too valuable to upset, is housing affordability a problem for our politicians, or a gift?” asks Tohm Whitty (Fairfax). First home owners are currently expected to borrow $226,000 [...]
On Solid Ground from Robert Schalkenbach Foundation on Vimeo. Our US colleagues at Work and Wealth boldly state: We propose to abolish all taxes save those on the value of land, irrespective of the value of the improvements, and the economic rent of other natural resources. What we propose is not a tax on real [...]