What Can’t Be Hidden from Revenue

Karl FitzgeraldHot Issues, MultimediaLeave a Comment

Phillipe Legrain First published in The Times as Tax land: it can’t be hidden from the Revenue Filling the gaping hole in the Government’s finances is, in George Osborne’s words, the “great national challenge of our generation”. Unwise spending cuts and tax rises could sap economic growth; unfair ones provoke political unrest; inaction a market panic. Faced with a national … Read More

Man in Street Says Tax Me, Not Miners

Karl FitzgeraldHot Issues1 Comment

photo credit: iLoveMountains.org With this weeks poll showing that many Australians were undecided on the Super Profits Resource Tax, they are effectively saying ‘please sir, tax me’. ‘No I wouldn’t think of ensuring that the privileged pay their fair share, please I emplore you – tax me!’. With 20 leading economists coming out in favour of the tax (thxs John … Read More

Negative Gearing Too Risky? So Are Property Bubbles…

Karl FitzgeraldCommentary, Hot Issues5 Comments

The Rudd- Swan government’s flat denial of negative gearing reform proves that modern politics is incapable of dealing with the difficult questions. It was all too risky in an election year. The dreams of working families are set to play second fiddle to the propertied class for years to come. But yet the announced reforms are the most significant tax … Read More

One Handed Housing Supply

Karl FitzgeraldArticles, Hot Issues7 Comments

photo credit: Ian Sane On the one hand, the market delivers the best for the least cost. But on the other hand…. few are willing to call it as it is. Yesterday’s National Housing Supply Report used coded language to hint at a ‘possible over-supply of housing’ due to housing investor tax breaks (p50). However the usual suspects were missing … Read More

Land Policy Failure Breeding Nationalism

Karl FitzgeraldHot IssuesLeave a Comment

photo credit: Maria Gertsovskaya From South Africa to Bolivia to here in Australia, the failure to approach land as a human right rather than a speculative kite is breeding dangerous undercurrents amongst those excluded from ‘the property game’. The young firebrand South African ANC youth leader Julius Malema again fired up the masses with these comments: “You need land to … Read More