Prosper Australia

We need a #TaxShift for our future. From taxes harming workers and industry, to taxes on unearned income and monopolies. For economic justice, prosperity, and the environment. Read and download more tinyurl.com/3jautz96 #TaxReform

The Victorian windfall gains tax is an excellent piece of policy which captures value created by the community instead of hitting the pockets of a lucky minority. So of course the property council hates it. Rayna jumped on 3CR to explain 3cr.org.au/thursday-break…

@sands659 Precisely.

@Prosper_Aust It’s not a problem. Simply a symptom.

There’s nothing illegal about leaving a cabana empty for hours — it’s just rude. Which is why Australians instantly understand why empty homes during a housing shortage don’t sit right either. Same instinct. Same problem. Bigger consequences. theage.com.au/national/victo… (paywall)

A good letter in THE AGE today. Oh, it's mine!

@pleasedontatme Thanks for the heads up. We definitely have something to say about this.

@Prosper_Aust you should make a submission against this

every day we drift further from god’s light (land value tax)

READ: Progress #1135 Australia is brilliant at creating value through public effort. Too often, it escapes. Land value capture offers a fairer way to fund infrastructure and housing. Have you thought about how much value could be captured for all of us? prosper.org.au/progress/progr…

Prosper Summer Content Guide If you’re looking for thoughtful company over summer, we’ve pulled together a guide to writers and podcasters exploring land, housing, and how we share prosperity. prosper.org.au/2025/12/prospe… What’s on your summer reading list?

PROGRESS out now: Value capture or value escape? When public investment creates value, who should benefit? This edition explores land value capture for funding infrastructure and improving housing affordability — without taxing productive work. prosper.org.au/progress/progr…

Pro tip: The market won’t build new housing units in a place where prices are going down. It’s not about zoning restrictions

Last chance to book your spot at our end of year drinks. See you Thursday! Book here: prosper.org.au/2025/11/event-…

@AvidCommentator A broad-based land tax 💪

I give Australia a lot of crap at times, but honestly when it comes to building new homes in large numbers, almost no one does it better. We have been outbuilding the rest of the Anglosphere in per capita terms for 37 straight years. What more do you want?

Shift taxation off production and onto land. Broad-based land taxes and land value capture tackle waste, speculation, and inequity. 📊 Latest data: prosper.org.au/speculative-va… 👉 Join our Empty Homes campaign: prosper.org.au/campaigns/empt… #EmptyHomes #TaxShift 2/2

Totally empty homes in Melbourne are up 16% In 2024, 31,890 homes sat completely empty. Add 69,000 underused homes, and that’s 100,000+ homes lying idle while people sleep on the streets. Yes, we need more homes—but we can’t ignore the ones we already have. The solution? 1/2

Join us next week for a night of celebration and connection at Prosper’s End of Year members and Supporter’s night on December 4th! Tickets available for members and supporters here. prosper.org.au/2025/11/event-…

The property lobby likes to make noise about how bad things are in Victoria. But it all depends on perspective. Macrobusiness has an interesting series of charts out, which show Victoria is a pretty good place to be for renters and FHBers. macrobusiness.com.au/2025/11/should…

@iamaniku @TheStalwart @tracyalloway @Birdyword We hosted a keynote address from one of Singapore's leading housing economists. Here's the recording: youtube.com/watch?v=1eUTSP…

A great podcast on a great book youtu.be/K44YmnIl_DA?si… ------------------------- Singapore Offers a Successful Model by Separating Usage from Speculation Singapore serves as a successful counter-example to the global dilemma. It has largely divorced the usage of residential land from its speculative value. The government owns most of the city's land and uses the Housing and Development Board (HDB) to build and sell homes. This system enforces strict rules to maintain affordability and stability: Citizens can typically only own one HDB unit. There are restrictions on how long they must hold it and who they can sell it to (only other citizens or permanent residents). By deciding that for residential housing, capitalism would not apply to land, Singapore created a sustainable model for widespread home ownership and affordability. ---------------------------------------------

NEW ODD LOTS: The origins of the biggest housing bubble in history. @tracyalloway and I speak to @Birdyword about how real estate became China's speculative investment of choice. And the policies which created a bubble that's still deflating today. podcasts.apple.com/us/podcast/how…

Australia’s tax system is punishing wage earners. I’m in AFR on why taxing work more than wealth means a less civilised, less innovative society. Hard work and dynamism are devalued & living standards sacrificed. Co-author w M Wright ⁦@ETU_national⁩ afr.com/policy/economy…

It’s time to capture these increases in land value for the common good, not just a lucky few. Prosper’s submission: prosper.org.au/2025/05/infras… IV’s recommendation: infrastructurevictoria.com.au/topics/housing…

As we transition to a post-carbon economy, infrastructure is key. But investment and rezoning generate large windfall gains for property owners. Without value capture, these gains widen wealth inequality, as land owners benefit more than renters.

Infrastructure Vic’s new strategy backs stamp duty ➡️ land tax. However, value capture is missing from the strategy as a key funding mechanism. Land value bonanzas from infrastructure are as old as Victoria, yet we let those gains flow to a lucky few.🧵