Oil Wealth feeds Higher Land Prices

Karl FitzgeraldCommentaryLeave a Comment

Moscow property market soars, driven by oil wealth states: As prices slump in the United States and elsewhere, Russia is wrapping up a year of an extraordinary, oil-driven real estate boom. Moscow, for instance, now ranks as the fourth-most-expensive city in the world for office space, trailing only London, Tokyo and Hong Kong, according to some surveys. Over in oil … Read More

Reconciliation and the Consciousness Gap

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Andrew Sadauskas It would be a gross understatement to point out that there is a significant gap between Indigenous and Non-Indigenous Australians. Following the introduction of the Northern Territory Intervention, as well as commitments made by Prime Minister Kevin Rudd and Opposition Leader Brendan Nelson following the Apology to the Stolen Generations, this gap has become a question of significant … Read More

I Want to Live Here Film Competition

Karl FitzgeraldCommentary, MultimediaLeave a Comment

Busting the myths of housing affordability We’ve set up a competition to inspire film makers to look into the eyes of the housing and land affordability quagmire. There’s a $3000 cash first prize and more to come. We rarely hear the real story of how land price appreciation is driving affordability pressures, so here’s the chance for film makers to … Read More

Land Value Capture in Geelong?

Karl FitzgeraldCommentary3 Comments

The City of Greater Geelong has sent in an interesting submission to the Commonwealth Senate Housing Affordability inquiry. We could hardly have said it any better ourselves: In the submission, the council says the capital being acquired by the private market when land is rezoned could be captured by the Government. “Across Australia, communities are creating billions of dollars of … Read More