Homeowners kept in dark about climate change risk to houses, says report

Climate Institute says risk data held by regulators, state and local governments, insurers and banks, but homebuyers and developers do not have access to it

The risk that houses in some areas of Australia are likely to become uninsurable, dilapidated and uninhabitable due to climate change is kept hidden from those building and buying property along Australia's coasts and in bushfire zones, a Climate Institute report says.

The report says there is untapped and unshared data held by regulators, state and local governments, insurers and banks on the level of risk, but that most homebuyers and developers are not told about the data and do not have access to it.