This 2008 academic paper authored by J Dodson and G Sipe was published by the Urban Research Program at Griffith University, Brisbane. The paper has four aims: review the basis for the increases in global oil prices since 2004; present the result of the 2006 VAMPIRE (vulnerability assessment for mortgage, petroleum, and inflation risks and expenditure) and compare them to the 2001 VAMPIRE result; and make observations about the policy implications of the changes in oil and mortgage vulnerabiltiy within Australian cities.
