Sign the GetUp petition Join the Facebook group Tax reform group Prosper Australia today called on first home buyers to delay buying real estate ahead of the flip into a falling market, which it described as ‘imminent’. RP Data reports…
“Gillard must come out strongly and call the lobbyists for who they are. She must assert control over the RSPT rather than negotiate with each and every individual company.
photo credit: anarchosyn The Henry Tax Review’s highlighting of Land Tax as a policy direction is a welcome and encouraging development, says Prosper Australia. “This is THE tool to liberate the people of Australia from their current financial difficulties,” Prosper…
photo credit: CarbonNYC Media Release “We have the means at hand to liberate the citizens of our great country from their current financial difficulties,” Prosper Australia’s Karl Fitzgerald said today. “The answer lies in reforming our tax system. A major…
Written Oct 16th Raising interest rates will do little to address underlying economic issues, says visiting US economist Professor Michael Hudson. “The market factoring in 7 interest rates rises spells danger for the Australian economic miracle” warns Professor Hudson. “Governments…
The Brumby-Madden announcement to increase Melbourne by the equivalent size of Canberra is exasperating. 100,000 vacant sites already exist in Melbourne in areas already serviced by infrastructure (according to the recent census). The government has failed us economically. The have…
Prosper Australia today applauded the State Government’s announcement for taking housing affordability more seriously. However, questions must be asked about who benefits most from this announcement. “Today’s declaration of residential zoning has made Victoria’s land bankers more money in a…
Media Release 01/02 Prosper Australia is elated to hear that the Brumby government is returning to its senses by recognising Land Value Capture as the most efficient way to raise public revenue. However, the progressive tax tiers need to be…
Property lobby pushes all the usual red herrings whilst ignoring the speculative causes to affordability pressures. Demographia International’s new report on housing affordability again pushes the “unending sprawl forever” mantra. Report author Wendell Cox rolled out all the usual criticisms…
ALP policy will continue to subsidise developers over first home owners. The ALP’s new housing minister should look at freeing up the supply of privately held land (aka land banks) by using a Site Rental on all land. In response…