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 […]
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 […]
Christopher 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 […]
Cameron Murray gave the 127th annual dinner speech last night. Check his work at Fresh Economic Thinking 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 […]
How to deliver affordable housing without inflating landlord profits by Dr Cameron Murray Most housing subsidies end up increasing landlord and developer profits rather than reducing housing costs for residents. Public land rent schemes that provide discounted land access to owners, and private Community Land Trusts, are proven ways to ensure that subsidies reduce costs […]
The Andrews government have privatised the Land Titles Registry this week on a 40 year lease for sum of $2.86bn. The Government claim that this exercise is to “fund new schools, hospital and transport infrastructure.” Let us be clear, this sale does not fund a thing. State government assets are not magic money trees that […]
Our latest enews. Enjoy. Change to tenancy laws. Can landlords protest? Guys, I have the BEST landlady. She lets me keep a cat; approves all maintenance requests in a jiffy; turns a blind eye to my unsanctioned use of 3M hooks… My real estate agent says she is the best landlord on his books. Amendments […]
Edition 1124 of Progress Magazine is out with an investigation into the looming corporate influence over the rental market. The evidence coming in from the northern hemisphere is not pretty. Here is the editorial. Editorial We are pleased to announce that Dr Cameron Murray will be presenting our 127th Annual Henry George Commemorative Dinner: Housing […]
Prosper enjoyed the lead quote in an Age article “Inquiry scrutinises Land-titles selloff ahead of August sale” But land tax advocacy group Prosper Australia has told a parliamentary inquiry into the sale that the estimated $2 billion price reflected a yield of 6 per cent – a rate far above bond rates. Prosper researcher Jesse […]