Economics for Activists
Tuesday evenings in May, 6.15pm – 8pm, starting May 1st Ever wanted to read between the lines of the newspaper? Arm yourself with the tools of modern warfare as Karl Fitzgerald takes you through the...
View Article2030, Affordability and Understanding
Today’s report on the Melbourne 2030 urban growth boundary cries out for a comment from Prosper Australia members. Melbourne University academic Rob Moodie rolled out the usual suspects in recommending...
View ArticleRudd Bails out the Wealth Gap
photo credit: mdumlao98 Prime Minister Rudd’s $10bn ‘economic security strategy’ is another blinkered response. A decade of record economic growth has done little for the aussie battler. Record prices...
View ArticleCreative Destructionism V Bailout the Destroyers
photo credit: nflorence2012 How to avoid being caught short: US calls in old rules to shield its markets: The slumping financial markets have been rebounding steadily in the past month for several...
View ArticleTax reform is hard and dreary work.
photo credit: Cayusa Tax reform is hard for government: losers complain loud and long, while those who will benefit are suspicious and silent. We should be angry as hell about the tax system. It...
View ArticleDear Australia, the world is watching, waiting for our bubble to burst
photo credit: robertivanc The great property speculation game is over in America and Europe. The music has stopped. Forty years of steadily increasing pressure has been released. Houses are worth a...
View ArticleSelling alleys and lanes: latifundia at work.
Melbourne City Council is selling lanes to developers, according to The Age today. It makes a pretty penny, too, having pocketed $1.2 million from the sale of part of three lanes in the last 12 months...
View ArticleThe pain in falling land prices
photo credit: Travis S. The US housing market is a living hell. Homeowners are being boiled alive. The price of land was bid up to staggering multiples of incomes, until it no longer made sense to buy...
View ArticleShe’ll be right, mate
Last Thursday, the Australian Financial Review leaked Treasury forecasts that the revenues lost in the Gillard Government’s back down on the mining tax will exceed $100 billion over the next ten years
View ArticleLand greed drives Arab fury
Arab cities lack even the basic facilities we take for granted in the West. The royals live alongside. Their giant palaces nestle in irrigated manicured gardens surrounded by high walls and efficient...
View ArticleHow Financial Oligarchy Supplants Sovereignty
photo credit: George Laoutaris Will Greece Let EU Central Bankers Run Riot Over Sovereignty? Michael Hudson When Greece exchanged its drachma for the euro in 2000, most voters were all for joining the...
View ArticleNSW Stamp Duty a foul and putrid mess
photo credit: dcmaster Barry O’Farrell was elected Premier of NSW in March this year. His first budget announced Tuesday raised a storm of protest – not over a realignment of government priorities to...
View ArticleHow government policy provides rich pickings for Australia’s billionaires
Philip Soos’ latest withering attack on privilege from The Conversation today. Over the last year or so, the Occupy movement has garnered wide attention, with people of all backgrounds gathering to...
View ArticleWelfare offers rich pickings for the wealthy
"The greatest source of redistribution to the rich occurs through the land market, which is usually the largest tangible market in modern economies."
View ArticleRentals Brittle, Under Pressure
Last week the Australian Housing and Urban Research Institute (AHURI) held a seminar in Melbourne on the serious stresses on renter households that have emerged over the last twenty years. Dr Wendy...
View ArticleHumans vs Houses: Australia’s perverse tax system
by Cameron Murray Reposted from macrobusiness I often joke that my investment property earns more than I do. Thinking more about this lead me to the realisation that my investment property has a...
View ArticlePrivate tax is the great unspoken of neoliberal philosophy. And the rich are...
by Philip Soos reposted from The Guardian When we hear talk about taxation, it is naturally assumed to refer to those taxes which are levied by the government. After all, no individual or business can...
View Article
