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Human remains have been found in secluded parkland in Melbourne's north.

Detectives are investigating the circumstances of the death but say it's not being treated as suspicious.

The remains, which were discovered by members of the public, were found at the Greenvale Reservoir at 6.30pm yesterday.

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Moreland Crime Investigation Unit detectives are continuing the investigation.

Police are awaiting the results of a post-mortem examination.

A youth-led campaign to lower the voting age to 16 will take its fight to New Zealand’s highest court. Make it 16 will have its case heard at the Supreme Court after failing in the group’s efforts in the High Court and Court of…

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A looming hike in Australia's official cash rate will result in a crash of the property market goes the theory – but one of the nation's top economists says that's unlikely to happen.

Analysing the potential impact of a rate hike, AMP Capital's Chief Economist Dr Shane Oliver said while he expects house prices to fall up to 15 per cent over the next two years, he cannot see the market crashing altogether.

As he points out, the Australian housing market has been remarkably resilient in the past two decades despite a myriad of economic conditions.

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"House price crash calls have been a dime a dozen over the last two decades, only to see the boom roll on after periodic dips," Dr Oliver said.

"So, the experience since the early 2000s warns against getting too bearish. Some would see a 15 per cent fall in prices as a crash, but I take it to mean prices falling 25 per cent or so.

"Our assessment is that while a crash is possible, it is unlikely unless we see very aggressive rate hikes – say taking the cash rate to 4 or 5 per cent – or much higher unemployment, driving a sharp rise in defaults and forced property sales."

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However, Dr Oliver said the risk of a crash "cannot be ignored" given that borrowers have not seen a rise in interest rates in more than 11 years.

The last time the RBA actually hiked rates was in October 2010, when it increased the cash rate by 25 basis points to 4.75 per cent.

"The housing downturn will affect the economy via negative wealth effects on consumer spending (ie, wealth goes down, we feel poorer, we spend less) and a slowing in housing construction," he said.

"The former was a significant drag on the economy in the 2017-19 period when a 10 per cent fall in average home prices contributed to a significant slowing in consumer spending."

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Currently Australia's official cash rate is at the historic low level of 0.1 per cent.

As much recent commentary has noted, that's a far cry from the actual interest rates borrowers are paying – but given the official cash rate impacts the bottom line of lenders it's likely that any change will be passed on to customers.

All four of Australia's big banks now forecast the RBA to raise interest rates in June this year, kicking off an "avalanche" of consecutive raises until the official cash rate is 1 per cent by the end of 2022 and 1.5 per cent by mid-2023.

Analysis from financial comparison site Finder shows that a 75 basis point increase would cost the average borrower $3,175 this year by raising repayments by $265 a month.

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Head of consumer research at Finder Graham Cooke said lenders are already factoring in interest rate rises into their margins.

"That's why banks have increased rates across over 400 fixed rate home loan products over the last week – some by up to 75 basis points," Mr Cooke said.

"This indicates that they may be anticipating not one, but an avalanche of rate rises later in the year. The question is when, and that could be decided by international events.

"Cash rate rises are like buses: they may take a while to come, then arrive one after another."

The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.

Three Extinction Rebellion climate activists aged in their late 60s and early 70s who have previously been the subject of colourful protests outside Auckland District Court pleaded not guilty today to graffiti charges. Carillon…

The teenager killed in a stabbing at the Sydney Royal Easter Show was expecting a child with his girlfriend.

Uati "Pele" Faletolu was fatally knifed in the chest while on a break from his job working at one of the rides on Monday night in what police believe was a planned confrontation.

The 17-year-old was expecting a child with his girlfriend, his partner's sister confirmed in a social media post.

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"The rumours are true. My beautiful sister has been blessed with his baby," the sister posted, alongside a video of an ultrasound.

"Congratulations big sis with you every step of the way. Can't wait to meet you mini Pele."

Last night family, friends and loved ones held a vigil for Uati in Doonside, with framed photos of the teenager surrounded by candles placed around the park.

"Rest in eternal love Uati … missing you so much my heart aches knowing that you've left us God had other plans for you," another sister posted online.

In response to the deadly stabbing two days ago, security measures and the police presence have been increased at the Easter Show.

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All visitors will now have to pass through a metal detector, there are additional bag checks, and lighting has been increased at night.

The main carnival will close at an earlier time of 9.30pm about people with Twilight tickets, which allow entry from 4pm will be able to come from 3.30pm.

A 15-year-old boy was charged with offences linked to the brawl and was released on bail on the condition he does not come within one kilometre of the showgrounds at Homebush.

NSW Police do not believe he was responsible for the stabbing and are still looking for those responsible.

Whangaparāoa College students were told to stay in their classrooms today after police received a report of a threat involving a firearm.A post on the school’s Facebook page from earlier today said all students were safely…

Millions of crabs emerge from the forest at the beginning of the spring rains and head for the waters of the Bay of Pigs in Cuba.