Warm Rentals Bill proposals may get landlords hot under collar
Hughes said he drafted the Energy Efficiency Conservation (Warm Healthy Rentals) Amendment Bill to correct what he described as a "market failure" around rental accommodation.
He said the lack of incentives for landlords to properly insulate homes and have energy efficient heating was a market failure.
He said this failure manifested itself in two ways; landlords find it difficult to recoup any investment through capital gains, and tenants pay the power bills but often do not stay long enough to want to make any capital outlay themselves.
Hughes said that in Australia making energy efficiency ratings on properties a matter of public record raises the value of the improved properties and increases competition between landlords, "with benefits accruing to tenants, landlords and the state through lower health costs."
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