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Articles from Prosper Australia

Property Market Imperfections

April 6, 2022 - 08:58 -- Admin

Our submission to the Minister for Consumer Affair’s Property Market Review. Property Market Review Prosper Australia has concerns surrounding both the privatisation of real estate data, the inaccuracy of statistics and the practice of staging lot releases in large, master planned estate developments. At present, data gaps favour the real estate industry and have placed […]

Submission to the 2022 Victorian Budget

March 16, 2022 - 16:47 -- Admin

Download our 2022 Vic budget submission (submitted March 2022) Executive Summary Prosper welcomes the opportunity to contribute to the 2022-23 Victorian Budget. We are an independent, Melbourne-based research institute with a focus on the management of exclusive and essential resource allocation through revenue policy. This includes land and other natural resources, essential services that are […]

Why Land Taxes Can’t be Passed On

March 11, 2022 - 08:45 -- Admin

‘Taxes’ on Land are Rents: Therefore they Can’t be Passed On Rates and land ‘tax’ are notionally already in the gross rent paid by a tenant, and cannot be ‘passed on’. If, as claimed by vested interests, the land value tax can be passed on, why do not these representatives of special privilege pass the […]

Is government responsible for 38% of the cost of housing?

March 10, 2022 - 12:42 -- Admin

Cross-posted from the Fith Estate. The confrontation over Victoria’s Social and Affordable Housing Levy may have been short lived when the proposed levy was quickly dropped after conniptions by the property lobby, but the shibboleth that property taxes represent a large proportion of the cost of buying a house is economic propaganda that just won’t […]

National Prosperity A ‘Fairy-Floss’ Economy?

February 7, 2022 - 16:08 -- Admin

National prosperity is an economic mirage (As published in the AFR, 25 January 2022) Exorbitant land prices act like termites upon an economy, bringing social and economic division, decline, and eventually, collapse. Any perception the Morrison government has boosted national prosperity by facilitating the latest property boom is an economic mirage. The reality is that […]

On a Win

November 25, 2021 - 14:57 -- Admin

Renegade Economists Show 601 As broadcast on the 3CR airwaves. Subscribe to the monthly podcast. Show Notes Our final radio show on 3CR sees Karl going out on a win, discussing the Windfall Gains Tax legislation that passed last week. Along the way you’ll hear analysis of Australia’s record land price inflation, why we need […]

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