Taking on vested interests and mandating housing energy ratings and minimum standards are far more important steps
In the recent federal budget, it was announced that $1bn would be allocated to provide discounted loans to households to upgrade the energy efficiency of their homes and replace gas appliances with electric ones. A further $300m was provided for states to upgrade the energy efficiency of social housing.
This was intended to deliver on a promise the Albanese Labor government made in exchange for the Greens agreeing to caps on gas prices – in effect subsidising its cost below international prices.
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