New report reveals nine Master Plan Communities costing $5.9 billion in higher housing costs A new report entitled Staged Releases: Peering behind the land supply curtain from Prosper Australia has revealed the profits developers enjoy through the strategic releasing of sites. Karl Fitzgerald, Director of Advocacy at Prosper Australia says, “This research is the first […]
Tues July 26th, 6pm Zoom or Level 1, 64 Harcourt St, North Melbourne Presenter: Karl Fitzgerald How do developers feed supply to the market and under what conditions? Karl Fitzgerald will present the findings of a landmark new report – Staged Releases: Peering Behind the Land Supply Curtain, investigating what happens in the greenfields after […]
A great new video on Henry George’s influence, his timeless message.
Transcript – Mornings with Leon Byner, 5AA FM, Adelaide We’ll there are renewed calls for a broad based land tax to replace stamp duty, now the only thing I ask is, be careful what you wish for. There’s an advocacy group called Prosper Australia and they are are strong supporters of replacing stamp duty with […]
Cross posted from Robert Harley at the AFR Karl Fitzgerald, the advocacy director at Prosper Australia, is a strong believer in the benefits of replacing property stamp duty with a broad-based land tax. But he has a warning for first-home buyers attracted to the Perrottet government’s proposal for an opt-in annual land tax to replace […]
Sent 21/6/22 Today’s announcement by Premier Perrottet that first home buyers could opt into a land tax was a baby step in the right direction of a broader land tax base. “NSW landholders benefitted to the tune of $705 billion in just 2020-21, and were only required to share $4.8 billion with their fellow citizens […]
A version of this article was first published in the Sydney Morning Herald If you believe that our growing rate of homelessness is a national shame, or you’re worried that your kids will never become homeowners (or worse, never move out), then we are sorry to tell you, but whoever wins this election, these issues […]
The 2022 Federal Election: as underwhelming as a stale slice of Wonder WhiteTM encasing a slippery, budget snag. We at Prosper could never walk past a democracy sausage. No matter how greasy and cold. With the Lib/Lab reducing their respective policy platforms to mere motes, invisible to the naked eye, it has never been more […]
The latest edition of Progress Magazine is available now. Peruse past editions here. We start this edition with key speeches from Hansard at the passage of Victoria’s landmark Windfall Gains Tax legislation. You can discern the distinctly Georgist principles invoked by the four speakers to fend off property lobby misinformation and respond with the balance […]
Cross-posted from Friendly Jordies The Facts blog, which provides the policy speak alternative to his cunning video take on Australia’s affordability woes: As reported by Greg Jericho for The Guardian, Australian property prices grew by nearly 25% in 2021 – a figure described as “insane”. As Jericho states, another way of describing this figure is […]