The Monthly Discussion in December – Bust and Beyond What: Discuss + Debate + Drinks + Pizza When: Wednesday, December 5th Time: 6pm Cost: Free Is the property market in meltdown? In the blue corner sits plunging auction clearance rates (sub 40% in Melbourne last weekend), tighter lending conditions, and national land prices down 5% year-on-year […]
Letter to the Editor AFR, 21/11 Aaron Patrick appears to rue the fact that Professor Joseph Stiglitz has moved beyond standard neo-classical economic theory in pointing out the flaws of monopoly-capitalism, and especially the now entrenched failure of this system to deliver a fair rate of wages to workers. Stiglitz is clearly very concerned about […]
Victoria is two weeks out from an election and finally somebody is talking revenue policy. The Liberals have launched a new website, in ominous shades of red and black, detailing the government’s taxation agenda. The website reveals Labors’ shocking new taxes (9) and their dastardly agenda to increase taxes. While the site is designed to […]
According to the lovely Dr. Elizabeth Taylor over at RMIT, parking in Melbourne’s city centre now occupies the equivalent of 225 MCGs. The main reason for this bounty: minimum car parking requirements in the planning scheme. These requirements compel developers to provide a ratio of private car parks in all new developments. Cost for land […]
Dr Cameron Murray on actual housing affordability policy that works. A short video on two policies at least FOUR times more effective than the dominant paradigm of ‘build more houses’. These are excerpts from the 127th Annual Henry George Commemorative Dinner, where we launched Cameron’s Unspoken Alternatives to Expensive Housing. See the full speech and […]
Dr Cameron Murray’s full speech at the 127th Annual Henry George Dinner, where the Unspoken Alternatives to Expensive Housing report was launched.
The Monthly Discussion in November – Victoria votes! What: Discuss + Debate + Drinks + Pizza When: Wednesday, November 7 Time: 6pm Cost: Free Come along to the Monthly Discussion in November for the Great Victorian Election Debate! We analyse the policies and the promises, the past record and the rhetoric, through the lens of […]
unsplash-logoChristopher Burns First published in Progress Magazine #1124, this article is timely upon the ten year anniversary of the Global Financial Crisis. Please note the first graph when reading the many GFC related articles this week. Not content with blowing up the global economy in 2008, Wall Street quickly moved to extend its’ grasp on […]
Last night Warwick Smith, Senior economist at Per Capita was awarded the EJ Craigie Writing Award for his piece The big spending Victorian state budget is built on Australia’s worst tax. Warwick quickly laid out the damaging effects of stamp duties and then moved on to show another innovative ACT policy move, with the transition […]
Introductory remarks 1. To make health care affordable we broke this monopolistic market. We now spend over $100 billion to give everyone who needs it high-quality health care for free. 2. We could break the market in residential land and give everyone who needs it free land for one-tenth of the cost, or about $12 […]