If you’re not a property investor, your retirement plans don’t matter, says IPA

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by Dr Gavin Putland Professor Sinclair Davidson for the Institute of Public Affairs has written an “occasional paper” under the title “What politicians need to know about negative gearing”, opposing the known Labor policy of allowing negative gearing only for new homes (with grandfathering), and the possible Coalition policy of imposing some sort of cap […]

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Reform Negative Gearing Now!

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Are you locked out of the housing market? Do you want to see an end to market distorting subsidies to property investors? Sign the petition! This petition calls for the Federal Government to reform negative gearing NOW! Negative Gearing must be limited to new housing only and in time should be removed entirely. It is time […]

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“How to Simplify Government” with Phil Anderson

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Presenter: Phil Anderson When: Friday March 18th, Where:  Level 1/ 64 Harcourt St, North Melbourne Time: 6.30pm Tickets $25 Phil’s annual Prosper talk has become one of our most popular events. Book quickly, this will sell out. This year he will stretch our thinking with a critical look at the role of government and its impact on […]

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Perverse incentives from dud taxes dog public infrastructure investment

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Melbourne Domain Sunday went into shock and horror over the impact a proposed elevated rail would have on the selling prices of adjoining Carnegie properties. Area agents say the value of houses backing onto the rail line from Carnegie to Hughesdale could be slashed by up to $200,000, and “the impact on homes with a […]

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Saul Eslake, Negative Gearing and Policy Promise

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Renegade Economists radio show #430 Read the show notes. Subscribe to the leading Georgist weekly podcast. Karl Fitzgerald: And welcome the Renegade Economist with your host, Karl Fitzgerald. And, my, oh, my, hasn’t it been in the news, negative gearing, there’s been a huge change in sentiment not only from both political parties, but from […]

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See The Big Short, talk about The Big Short

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Based on Michael Lewis’s 2010 book, The Big Short is a critically acclaimed film about Wall Street in the lead-up to the 2008 Global Financial Crisis. “This business kills the part of life that is essential, the part that has nothing to do with business” – The Big Short Join Prosper President Catherine Cashmore, Don’t […]

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Treasury Secretary falls for Gearing Myth

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The Treasury Secretary John Fraser was recently found wanting in the Senate Economics committee on the most controversial tax in the country. When asked by Senator Peter Whish-Wilson what would happen to rents if Negative Gearing was removed, he provided the following answer: Treasury Secretary John Fraser: Uh… I’m testing my memory and I’m looking… […]

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Prosper’s President in the news

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Prosper Australia President Catherine Cashmore was interviewed by Michael Bleby in the weekend Australian Financial Review. The interview stepped behind the intrigue of Henry George and Land Value Tax. Some selected highlights: Economic thinkers don’t often draw large crowds, but George did. “Thousands on thousands” of people filled the streets upon the death of the […]

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Abandon bad taxes

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Flinty Deloittes economist Chris Richardson and all-heart ACOSS chief Cassandra Goldie are on the same page today in the Australian Financial Review. Literally – page 47. Their tax policy prescriptions, now Malcolm Turnbull has ruled out increasing the GST, are identical. Both pieces are paywalled to limit readership and discussion to AFR subscribers. We won’t […]

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Influence public debate this way

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Our fortnightly Evolving Economics enews. Subscribe here. Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2016 SLF Festival this weekend Earthsharing Australia will be spreading the message of earth rights economics at the Sustainable Living Festival (SLF) again this year. The crowd is dominated by progressives who […]

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