The new windfall gains tax has attracted special ire from the property lobby, but this fear mongering helps nobody. Both developers and the community can win.

The Victorian Government’s decision to introduce a 50 per cent tax on rezoning windfalls, announced in its 2021-22 Budget, made many peak industry bodies froth at the mouth. But criticism of the windfall tax does not consider basic economics and a common-sense view of fairness.

In 2019-20, co-operative and mutual enterprises (CMEs) contributed a whopping $90 billion towards Australian incomes, $20 billion towards Australia’s GDP and 180,000 full-time equivalent jobs reveals the new National Mutual Economy Report.

As Australia's economy starts to recover from a COVID-19 recession, voices calling to cut red tape and increase flexibility in employment and industrial zones are getting louder. Two recurrent myths often espoused to advocate for changes to employment land zoning are incorrect. Here is why.