Protected: The Great Australian Nightmare
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Articles from Prosper Australia
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Protected: Speculation, housing supply and prices
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How to tax superprofits: a lesson from the sunshine state
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
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 […]
Submission to the Victorian Legislative Council Inquiry into Land Transfer Duty Fees
Prosper’s submission to the Victorian Legislative Council Inquiry into Land Transfer Duty Fees reflects our evolving thinking around the core motivations for the reform. 14 April 2023 Prosper Australia is an independent research institute focused on the management of land and other natural resources through taxation. Prosper was formed over 100 years ago to further […]
Melbourne’s Pandemic Rental Dynamics: the limits of faster housing supply to tackle affordability
Prosper’s latest report sounds a cautionary note for policymakers placing market supply at the centre of affordable housing policy. Report author, Dr Tim Helm, Prosper’s Director of Research and Policy, described the report, entitled “Melbourne’s pandemic rental dynamics: an (un)natural experiment in excess supply,” as an exploration in data of housing market imbalances through the […]
Henry George & The Science of Political Economy
Friday May 5th, 2023 6:30pm School of Political Economy, Level 1, 49 Smith Street. Free event. All welcome. Register at Eventbrite Henry George (1839-1897) rose to fame as a social reformer and economist amid the industrial and intellectual turbulence of the late nineteenth century. In 1886 he was almost elected the Mayor of New York […]
Pandemic rental dynamics: an (un)natural experiment in excess supply
Tuesday 21st March The Kelvin Club, 14-30 Melbourne Pl, Melbourne VIC 3000 map 5:30pm Join us in-person we present findings from our latest research note – Pandemic rental dynamics: an (un)natural experiment in excess supply by Jesse Hermans and Tim Helm. You’d never get ethics permission for an experiment like this. Take a city of 5 […]
Submission to the Commonwealth Housing Legislative Package 2022
Prosper provided feedback to the Commonwealth’s draft Housing Legislative Package – Housing Australia Future Fund Bill, National Housing Supply and Affordability Council Bill, and Amendment Bill which was on exhibition over Christmas. If enacted, these bills will give effect to the Government’s key election commitments in relation to housing – the establishment of the $10 billion […]
What if land markets are monopolies?
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. Prosper Australia has critiqued this reasoning, leading to some bewilderment among fellow economists. Prosper […]