Executive Summary Prosper Australia’s Speculative Vacancies Report demonstrates how Government housing, tax and supply policies have allowed widespread residential and commercial vacancies in Melbourne. Melbourne’s three main metropolitan water retailers, City West Water (CWW), South East Water (SEW), and Yarra…
Following our Parliamentary submission, Prosper Australia was asked to appear at the Select Committee into the Scrutiny of Government Budget Measures – 05 The transcript is now available. Transcript via Hansard CASHMORE, Miss Catherine, President, Prosper Australia FITZGERALD, Mr Karl,…
Last Thursday Catherine Cashmore and I addressed the Select Committee into the Scrutiny of Government Budget Measures. Read the Hansard transcription. We felt it important to put on the public record the various value capture mechanisms with commentary on their…
Cross Posted from Warwick Smith at The Guardian Joe Hockey recently said “I don’t like higher taxes; I am philosophically opposed to higher taxes … because if you increase taxes you’re just collecting someone else’s money.” As usual, the reality…
Yesterday’s OECD Economic Survey of Australia pinpointed key areas of risk. As Philip Soos and Paul Egan showed today in their 21 chart pack, Australia’s land bubble and accommodating credit cycle opens the economy to incredible risk. But the…
Dear Matthew, this week we released our 7th Speculative Vacancies report – Empty Investment Homes Ignored, finding 46,836 empty homes in Melbourne. Read the press release. Despite your valiant efforts in bending over backwards to provide extensive land re-zoning both…
Our Senate submission quoted extensively in the AFR today by NICK LENAGHAN Australia is facing a “land bubble” driven by cheap debt and a tax system that encourages property speculation, lobby group Prosper Australia has warned a Senate inquiry into…
A budget for the people by the people may well see some of the following policy reforms announced at tomorrow night’s State budget: Reiterate Local Council financial independence The Labor Parties naivete in announcing a proposed cap on local council…
Australia has blown a land bubble of immense size. This troubling reality has finally come to the attention of the Senate and obliged it to examine the matter. Prosper Australia’s submission to the Senate Housing Affordability inquiry examines nine key economic…
photo credit: spike55151 Dr Terence Dwyer – B.A. (Hons) B.Ec. (Hons) (Syd.) M.A. Ph.D. (Harvard), Dip. Law (Syd.), FTIA, Visiting Fellow, Crawford School of Economics and Management, Australian National University. Dr Dwyer’s Submission to the Henry Tax Review Executive Summary…