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Articles from Prosper Australia

West Gate Tunnel: Critical Infrastructure or Game of Mates?

July 20, 2017 - 14:45 -- Admin

by Emily Sims One of the games in the Game of Mates is the Public-Private-Partnership. PPP projects such as Citylink in Melbourne and the Cross City Tunnel in Sydney are financed and built by private consortiums with high, ongoing returns guaranteed by the government. In terms of how we pay for infrastructure, PPPs are essentially […]

MCA’s appeal to the dark side

July 19, 2017 - 15:37 -- Admin

West Australia should not raise mining royalties because GST revenues are distributed to human need, according to the Minerals Council of Australia. Their logic is as twisted as a snake in a maze: both state boundaries and orebody sites are accidents of geography, also known as luck. The MCA’s submission to the Productivity Commission inquiry […]

Decentralisation made easy

July 9, 2017 - 17:19 -- Admin

As Australian capital cities spill out into their hinterland, our regional cities and towns serviced by good infrastructure are failing worse than ever to attract their share of population growth. Politicians regularly breast-beat about this developmental imbalance, occasionally sending this or that centrally-located administrative department off to the regions in order to redress this lopsidedness […]

A Radar for Common Sense

July 6, 2017 - 16:01 -- Admin

Our Renegade Economists radio show is celebrating its 500th show next week. Here are some recent highlights: The International Union for Land Value Taxation’s Alanna Hartzok discusses the political implications of a world unable to comprehend the onslaught of record land prices, immigration and inequality. UN developments alongside water rights are also analysed. Check the […]

Who will know who owns the land?

July 4, 2017 - 15:42 -- Admin

The Andrews government intends to sell Victoria’s land titles registry to private interests for an expected $2 billion – a mere detail in the May budget. This is no ordinary asset sell-off: land is the single largest asset class in Australia and the central public register of who holds what is arguably the raison d’etre […]

Boom-bust and the Australian banks

June 26, 2017 - 17:29 -- Admin

Australia experienced an increasingly gigantic bubble in land prices during the 1880s and the beginning of the 1890s, and the city of Melbourne became bubble-central. Michael Cannon provides an excellent account of the period in The Land Boomers. Henry George’s masterwork Progress and Poverty had hit the streets in the United States in 1879 and […]