Market-Friendly Regulatory Reforms of 2022
Rationale
These reforms reduce excessive regulation to boost economic growth, housing supply, and financial flexibility for public benefit.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Rent Control |
Rent increases capped to inflation
|
Light stabilisation, mostly market rents
|
|
| 2 | Banking & Financial Regulation |
Strong prudential oversight
|
Light-touch regulation
|
|
| 3 | Housing Supply & Planning |
Override local objections, build at scale
|
Balanced planning system
|
1
Rent Control2
Banking & Financial Regulation3
Housing Supply & PlanningProposer
Party
Liberal Center
This is a pragmatic center-liberal party focused on modernizing governance and driving economic innovation. Rejecting ideological extremism, it delivers data-driven solutions and reforms to secure growth and opportunity for all.
Core pillars
Penelope Phillips
Activist · Age 36
A decorated military strategist turned political firebrand, Penelope Phillips brings an unconventional mix of discipline and unpredictability, using her sharp instincts and well-placed connections to navigate the corridors of power.
Timeline
-
Draft15 August 2022
-
Vote Open15 August 2022
-
Withdrawn15 August 2022
-
Never Became Law15 August 2022
Vote tally
Live tally across each chamber. Weighted by seats held.
National Assembly
PassedFor: 31 / 100 seats (31.0%)
Against: 0 · Abstained: 0 · Not voted: 69
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Liberal Center Proposer | 31 | Yes | No reason given |