Oz Blog News Commentary

Articles from Prosper Australia

“No Longer Politically Palatable”

April 14, 2017 - 16:51 -- Admin

by Bryan Kavanagh reposted from Mason Gaffney gives amazing chapter and verse in ‘The Corruption of Economics‘ about the people who successfully sought to conflate land and capital within the study of economics, in order to circumvent Henry George‘s popular late 19th century campaign to capture land rents to the public purse as an […]

Vacancy Tax Clarification

April 12, 2017 - 07:03 -- Admin

Prosper’s position on the Vacant Residential Property Tax (VPRT) was misrepresented on p6 of yesterday’s AFR. Our position on vacant property taxation is as follows. The Victorian VRPT will utilise the council rating base, with Capital Improved Valuation (CIV) the basis for charges. This could be a fundamental design flaw. CIV taxes land and buildings, […]

The economics of empty homes

April 4, 2017 - 10:58 -- Admin

by Dr Cameron Murray reposted from macrobusiness Prosper Australia has for years been conducting research into how many of Australia’s 9.8 million homes are left vacant. Their major finding is that of the 1.7 million homes in greater Melbourne alone, around 82,000 are vacant, or 4.8%. Their research has been cited by a recent United […]

Corruption and Property Laundering

March 30, 2017 - 11:51 -- Admin

Nelson Yap at the Australian Property Journal writes: SECRET companies are allowing illicit and corrupt money to flood into Sydney and Australia’s real estate market. Transparency International’s new report Doors Wide Open: Corruption and Real Estate in Key Markets has identified Australia, Canada, the United Kingdom and United States as the top four hot spots […]

Renegade Economists Investigate

March 21, 2017 - 13:26 -- Admin

Our weekly radio show on 3CR, 5.30-6pm is now repeated Mondays 8am. The show has some big names lined up over the next few weeks – can you guess who by the flavour of recent episodes? Remember you can listen five ways: Sign up to mixcloud to have the show delivered to your inbox Automatically […]

“Poverty is the mother of crime”

March 16, 2017 - 19:43 -- Admin

What did Marcus Aurelius mean when he said “Poverty is the mother of crime”? Surely he wasn’t trying to justify crime?  The vast majority of poor people keep on ‘the straight and narrow’ without turning to crime? No, he wasn’t justifying crime; he was simply being realistic. When they see affluence all around them, some of […]