Stall ridiculous conservatives' lies (4,7)

I believe the answer is:

tall stories

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'lies' is the definition.
I know nothing about this answer so I cannot judge whether this works.

'stall ridiculous conservatives'' is the wordplay.
'ridiculous' indicates an anagram.
'conservatives'' becomes 'tories'' (informal term for the Conservative Party).
'stall' is an anagram of 'talls'.
'talls'+'tories'='TALL STORIES'

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(Another definition for tall stories that I've seen is " Improbable tales".)

I've seen this clue in the Sydney Morning Herald.

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