« Back to Publications

There goes the neighbourhood: climate change, Australian housing and the financial sector

Policy Online carries a link (30.5.16) to a Climate Institute report outlining the financial risk to Australia’s housing and property sectors posed by the increasing effects of climate change.

There goes the neighbourhood, is the largest review of the financial implications of climate risk to housing in Australia.

‘Natural hazards that are introduced or exacerbated by climate change include coastal shifts (erosion, storm surge, inundation etc.), riverine flooding, and bushfires. These risks are often poorly understood and communicated to those buying or building property in along Australia.

‘The paper finds that despite many public policy reviews and recommendations, and several private sector initiatives, policies and industry practices actually encourage the continued development of vulnerable housing in exposed areas.’

The TJRyan Foundation does not guarantee the accuracy, currency or completeness of any information or material available on this website. The TJRyan Foundation reserves the right to change information or material on this website at any time without notice. Links from this site to external, non-TJRyan Foundation websites should not be construed as implying any relationship with and/or endorsement of the external site or its content by the TJR Foundation, nor any commercial relationship with the owners of any external site. Should any TJRyan research project be funded by an individual or organisation the source of funding will be stated beside the research report. In all other cases contributions are provided on a pro bono basis.
Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles

This field is for validation purposes and should be left unchanged.