IAG unveils 20-point plan to lift housing resilience
IAG has again called for action on housing resilience, producing a report that lists 20 ways to protect homes from severe weather.
It says the paper – drawing on insights from the industry, government, finance and construction – highlights a critical implementation gap between what is known about housing resilience and what is being delivered.
“IAG has long advocated for stronger climate resilience and greater investment in disaster mitigation initiatives to help protect people, communities and the broader economy from the increasing frequency and severity of extreme weather,” MD and CEO Nick Hawkins said.
“This report brings together expertise and insights from the multiple sectors that can help design and deliver resilience construction measures to make properties safer, stronger and better able to withstand the impacts of extreme weather now and into the future.”
The report, prepared by the McKell Institute, groups the 20 recommendations across three stages: act now; co-ordinate and scale; and formalise the architecture.
Developing resilience-linked lending products is one recommendation, and another calls for the creation of a national housing resilience partnership led by Commonwealth, state and territory governments and the peak body representing local councils.
McKell Institute CEO Veronica Newman says the central finding is that Australia’s resilience challenge is increasingly one of implementation, co-ordination, and delivery.
“Improving resilience will require more than stronger standards or better information,” she says in the report. “It will require the construction workforce, supply chains, resilient products, financing arrangements, and institutional capability needed to put established knowledge into practice.”