Australia at risky end of land price cycle, new paper warns
Category Press Releases
Rack off Musk: Australia’s public spectrum is not a corporate freebie
Independent economic think tank Prosper Australia has slammed threats from Elon Musk’s SpaceX to withhold satellite-based mobile services from Australia unless it is handed valuable public spectrum access for free. “Let’s be clear: Australia’s airwaves are a public resource, not…
Taxpayer Subsidies Won’t Fix Geelong’s CBD: End Speculation Instead
Prosper Australia has rejected calls for new tax breaks and subsidies for developers in Geelong’s CBD, warning that such measures would shift private risk onto taxpayers without addressing the root cause of stalled development. “Governments should not be in the…
Totally empty homes in Melbourne up 16%
Prosper Australia’s latest Speculative Vacancies data update reveals a 16% rise – to 31,890 – in totally empty homes in Melbourne over the past year. This rise in empty dwellings has undermined the benefit from new housing supply coming online.…
Victoria’s infrastructure plan praised for tax reform, criticised for ignoring value capture
Prosper Australia today welcomed the inclusion of a stamp duty to land tax transition in Infrastructure Victoria’s new strategy but criticised the absence of value capture as a sustainable and equitable funding mechanism. “We applaud Infrastructure Victoria’s endorsement of a…
Australia’s land wealth passes $10 trillion as tax burden stays on workers
Australia’s total land value has soared past $10 trillion, according to new ABS data — yet ordinary workers continue to shoulder most of the nation’s tax load. Prosper Australia says the figures highlight the need to rebalance the tax system…
Prosper Australia backs tax reform as key to unlocking productivity gains
Tax reform omission sets up productivity reforms to fail, says Prosper Australia
2025 Budget betrays locked-out generation, kicks reform further down the road
Prosper Australia urges the government to embrace real reform that ensures prosperity is shared by all.
Victorian Government’s upzoning plans ignore crucial value capture opportunity
Prosper Australia today expressed deep disappointment at the Victorian Government’s continued failure to implement value capture mechanisms in its recent upzoning announcements. By allowing landowners to reap windfall gains without returning a fair share to the community, the government has missed a vital opportunity to fund essential infrastructure and public services.