Retrofitting will be more resource-efficient than demolishing and rebuilding. It will also retain the architectural and heritage value of our cities and suburbs.financial incentives
from banks, government subsidies, minimum requirements at point of sale, minimum rental standards, education of landlords, etc. Australian building ministers are due to meet again early next year. They must quickly turn their attention to ensuring the 2025 and 2028 upgrades pave the way to a zero-carbon-ready building code by 2030.
Governments should also work towards a national retrofit strategy that aims for a step change in the energy performance of existing homes. Essential elements of the strategy include the introduction of mandatory disclosure of home energy performance and the full electrification of homes. Without such changes, Australian housing and households risk being locked into poor-quality, underperforming and costly housing for decades..
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