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Articles from Prosper Australia

Value Capture for Victoria

April 30, 2015 - 13:19 -- Admin

  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 week, including by one of […]

Value Capture for Victoria

April 30, 2015 - 13:19 -- Admin

  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 week, including by one of […]

Hudson: Labor Incentives in the Ancient Near East

April 27, 2015 - 12:03 -- Admin

Prof Michael Hudson on the Ancient Near East by Renegadeeconomists on Mixcloud 04/01/2015 An interview on the new Michael Hudson book – Labor in the Ancient World, the latest in the series on the Ancient Near East, co-edited with Piotr Steinkeller.  Karl: Welcome to the Renegade Economists with your host, Karl Fitzgerald. This week we’re stepping back […]

Prosper urges SA government to end Stamp Duty for State Land Tax

April 23, 2015 - 13:36 -- Admin

The South Australian government is undertaking a tax review to boost state competitiveness and economic efficiency. Their main focus is considering abolishing conveyencing Stamp Duty and funding this by removing exemptions from the existing State Land Tax. Prosper Australia has made a submission to the review, energetically endorsing the government’s proposed reforms. We say: Stamp […]

Prosper urges SA government to end Stamp Duty for State Land Tax

April 23, 2015 - 13:36 -- Admin

The South Australian government is undertaking a tax review to boost state competitiveness and economic efficiency. Their main focus is considering abolishing conveyencing Stamp Duty and funding this by removing exemptions from the existing State Land Tax. Prosper Australia has made a submission to the review, energetically endorsing the government’s proposed reforms. We say: Stamp […]

Melbourne and Sydney are in housing oversupply

April 23, 2015 - 12:45 -- Admin

by Lindsay David If I were an Australian central banker, politician, bank economist, or even a negatively geared property investor, I’d be telling you Australia has a chronic housing shortage, which is responsible for our sky-high housing prices. But as an independent macro researcher, the data tells me otherwise. The best method to determine whether […]

Australian land prices go vertical

April 23, 2015 - 11:46 -- Admin

By Leith van Onselen Core Logic-RP Data has released its Capital Markets Report for 2015, which contains some disturbing data on Australia’s land costs, which have gone vertical despite shrinking in size: The price of vacant residential land across the capital cities has increased sharply over recent years. Over the 20 years to December 2014, […]

Andrew’s Rate Capping Folly

April 22, 2015 - 15:43 -- Admin

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 council officers to analyse the property related tax take by the state government vis the […]

Property rentier collects its spoils

April 17, 2015 - 15:38 -- Admin

By Leith van Onselen Hot on the heels of Prime Minister, Tony Abbott’s gutless announcement that he won’t reform negative gearing, prime spokesman for the property industry, the Property Council of Australia (PCA), has released the following statement: Executive Director, Nick Proud, said providing certainty on the future of this tax measure will benefit housing […]

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