Magic Money Quotes

Karl FitzgeraldCommentary, Hot Issues5 Comments

Earthsharing and Australia’s 2nd richest man Harry Triguboff are quoted in Forget Undersupply, We’ve Got Too Many Houses, AFR July 7-8: Apartment billionaire Harry Triguboff was surprisingly candid at a lunch held by the American Chamber of Commerce last October. He told the audience he was able to pay “very little tax”. “I keep a lot of my properties. And … Read More

Community & Economics

Karl FitzgeraldCommentary, Past EventsLeave a Comment

Tuesday July 24th 1/27 Hardware Lane, Melbourne 6.30 – 8pm Presenter: Karl Williams RSVP – gold coin event Countless studies have shown that a sense of community is one of the most important factors leading to happiness, fulfillment and the sense of a life well lived, no matter what the culture. But what do we mean by community? It seems … Read More

Speculative Vacancies in Melbourne 2012

Karl FitzgeraldCampaigns, CommentaryLeave a Comment

Philip Soos 21st June 2012 Executive Summary It is generally accepted that a crisis is occurring in rental property markets of most metropolitan areas in Australia, including Melbourne. Since 2006, rental prices have increased significantly above the rate of inflation, causing many tenants to experience financial stress. Accordingly, the lack of affordable and available rental properties is an ongoing concern. … Read More

Lobbyocracy Rules

Karl FitzgeraldCommentaryLeave a Comment

Taken from today’s LIberal Donors Win Big from Rezoning by Royce Millar: The 100-hectare property was purchased as a bush block by the Carpenter family for $50,000 in 1967. Developer Watsons has estimated its developed value at up to $500 million. .. Yesterday Parklea chief executive Andrew Facey confirmed being an enthusiastic Liberal supporter. He said he had contributed thousands … Read More

Windfall Welfare

Karl FitzgeraldCommentaryLeave a Comment

Planning Minister Matthew Guy has just handed his mates a conservative $420 MILLION dollars. The 7000 hectare expansion of the Urban Growth Boundary is the equivalent to a golden pen tick, turning those who are lucky enough to own land in the right locations into millionaires. Urbis calculates that a $60,000 windfall is delivered to each re-zoned hectare near the … Read More