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Articles from Prosper Australia

Prosper Australia welcomes Inquiry attention to Stamp Duty to Land Tax transition

August 30, 2023 - 14:15 -- Admin

Prosper Australia welcomes Inquiry attention to Stamp Duty to Land Tax transition Prosper Australia today commended the Victorian Legislative Council’s Inquiry into Land transfer duty fees for their careful attention to the difficult issues involved in transitioning from stamp duty to a land tax. Prosper Australia Director of Research and Policy, Tim Helm, says: “We […]

Submission to the Inquiry into the Rental and Housing Affordability Crisis in Victoria

July 26, 2023 - 16:06 -- Admin

Legislative Council Legal and Social Issues Committee 7 July 2023 Thank you for the opportunity to submit to the Legal and Social Issues Committee’s inquiry into rental and housing affordability. Prosper Australia is an independent research institute formed over 100 years ago to further public knowledge of the teachings and principles of economist and land […]

In brief: Planning deregulation, Housing Supply and Affordability

July 25, 2023 - 14:56 -- Admin

Planning deregulation, especially rezoning, has been repeatedly touted as a key policy solution to Australia’s eye watering house prices. The story goes that prices remain high because the supply of new dwellings in accessible, desirable locations has not kept pace with demand due to zoning restrictions. Rezoning for higher uses will increase supply and make […]

Land Ownership Makes No Sense

July 25, 2023 - 09:57 -- Admin

by Jehan Azad & Uri Bram Wired Magazine (published May 4, 2023). Reprinted with permission. “There’s no such thing as a good landlord” is a rallying cry of angry renters. In the future, it might be conventional morality that it’s simply wrong to own land. In our times, owning land seems as natural as owning […]

An Open Letter To King Charles III On His Coronation

July 25, 2023 - 08:52 -- Admin

An Earth Rights Manifesto from Alanna Hartzok, Earth Rights Visionary and United Nations NGO Representative for the International Union for Land Value Taxation. His Majesty King Charles III Buckingham Palace London SW1A 1AA Your Majesty,  I write to you as your “astrological twin sister”. Yes, we were both born on the fourteenth day of November […]

The Great Australian Nightmare

July 24, 2023 - 14:16 -- Admin

by Brendan Coates Economic Policy Program Director, Grattan Institute This is an edited version. Full transcript availble from the Grattan intstitute. Upstream from the Great Australian Nightmare of worsening housing affordability – and all the downstream consequences it is creating in our society – sits our longstanding intellectual neglect of the economics of land.  For […]

Speculation, housing supply and prices

July 24, 2023 - 13:04 -- Admin

A summary of recent research Speculation: it’s a Georgist obsession shared by few others. Landbanking, flipping, vacancy, delayed development, staged releases – how does any of this matter?  Speculative behaviour tells of the market at work, allocating capital and land as it sees fit. What is the public interest in these private decisions? Why do […]

How to tax superprofits: a lesson from the sunshine state

June 16, 2023 - 15:58 -- Admin

Last year on budget night, Queensland caught the coal industry off-guard, announcing three new upper-level tiers to the state’s royalties regime.  Queensland’s previous royalty schedule had only two brackets: seven per cent up to $100 a tonne, then 15 per cent for coal sold above $150 a tonne. The changes brought in progressively high rates […]

NSW quits, Victoria hits

May 24, 2023 - 17:17 -- Admin

It’s been a big week for property tax. On Sunday we learned the new NSW government was extending stamp duty concessions for first home buyers and will introduce legislation this week to scrap the former government’s ‘opt-in’ stamp duty to land tax scheme. We don’t think that’ll do much for first home buyers – they’ll […]

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