Canberra: Decision to reinstate land value tax on track
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Incentive Taxation

Canberra: Decision to reinstate land value tax on track

Canberra Plan 1900s
 Canberra Today

In the early part of the 20th century, a rising and confident Australia decided to create a national capital.  It was to be a planned city, and surprisingly enough an American named Walter Burley Griffin won the competition to design Canberra. The Griffin design was linked theoretically and contextually to the first stirrings of modern planning and to the visionary land economics of the classical economists.  

In the case of Griffin, it was his commitment and enthusiasm to good economic sense and economic justice learned through his lifelong reading of the American economist Henry George. 

When arriving in Australia, Griffin set to work and also joined company with many land value tax advocates in the organization Prosper Australia, still vibrant today. The role of these Australians, Griffin and some other Americans led to the execution of the plan to make Canberra a leasehold rather than a freehold district. 

 Over the years, the land value tax system has been weakened in the ACT, but the Territory Assembly has recently recommended that land rent be collected in place of other forms of tax, and it looks like, finally, it is a go (with a 10-20 year implementation, much like in Altoona.! We will report further as the process moves towards its conclusion.


1 Comment to Canberra: Decision to reinstate land value tax on track:

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Land use consultants on Wednesday, January 16, 2013 7:09 AM
A very nice blog post about Incentive Taxation . I really enjoyed it. Thanks for this post.
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