The state of Victoria is to get a tax on unoccupied properties. The new tax, called Vacant Residential Property Tax (VRPT), is expected to raise around $80 million over four years and will come into effect on 1 January 2018. Click here to read the article.
https://youtu.be/YI4trJE8atI Marvellous TED Talk by Laurie Macfarlane.
For those doing historical research on Henry George there is a rich resource: Henry George archive It's put together and maintained by the Henry George School in New York.
You have to love the outspoken Jonathan Pie. He is exactly right that homelessness is a disgrace and a failure of our national economic policies. Even in Melbourne we have 30,000 people on the waiting list for housing. Please watch this video and see if you don't want to fix the problem. [...]
A new book has been released. Rent Unmasked explores the new economic paradigm that policy-makers need to solve global problems in the post-2008 era. With conventional economic theories discredited, the new model must equip governments with tools to re-stabilise societies in a dangerous world. Rent Unmasked explains why one paradigm only qualifies to serve this [...]
Bryan Kavanagh is a long-term economic activist. He's also a property valuer and brings a historic perspective to our current problems. If you want to know how we got where we are today and what we need to do to fix things then click on the link below. Click here to read Bryan's article. [...]
Wikipedia has an excellent and very detailed article about Henry George, his economic principles and his life. Click here to access the article. If you want to find out more about the man this is an excellent place to look. And, at the end of the article, there is a listing where you can obtain [...]
A new book has been released. “A financial algorithm for untangling this tragedy exists. It is the formula that made civilization possible. It is now wilfully ostracised by academia.” “For five millennia, nation-state governance was based on the capacity to protect a territory, collect the rent and provide the population with the services that secured [...]
We held a very productive and pleasant meeting of trustees on Saturday 26 November. Trustees attended from NSW, WA, Tasmania, Queensland and Victoria. The meeting was held at the home of Prosper Australia in North Melbourne. Exciting initiatives for the next six months were discussed.
$10,000 per year tax on unoccupied properties Contrary to other taxes, taxes on land makes it more affordable and accessible. Take Vancouver, Canada for example — Click here to read the article. The city has placed a tax of $10,000 per year on unoccupied residences. The owners must self declare and if they lie [...]