Daily Archives: 11/12/2018

House price collapse would ‘pressure the whole economy’, warns OECD

Australian regulators should be drafting contingency plans for a severe collapse in house prices with a “hard landing” looming as a key risk, the OECD is warning. Key points: Housing is a vulnerability because of elevated prices and high household debt OECD says a housing crash and surge in defaults is unlikely but would pose…

Victorian Liberal Party urged by Ripon MP Louise Staley to introduce ‘requirements’ to boost female MPs

A female Liberal MP who has retained her marginal seat by just 15 votes in the Victorian election is urging her party to embrace a “constitutional requirement” to deliver more women into parliament. Key points: Louise Staley’s narrow victory in Ripon has made it the most marginal seat in the state She says a mechanism…