Submission: Modernising the Residential Tenancy Act

12 June 2026

To: Tasmanian Consumer Building and Occupational Services
Re: Modernising the Residential Tenancy Act
 

Thank you for the opportunity for the Institute for Energy Economics and Financial Analysis (IEEFA) to provide input to the Tasmanian government’s consultation on Modernising the Residential Tenancy Act.

IEEFA is an independent energy finance think tank that examines issues related to energy markets, trends and policies. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy. Our submission focuses specifically on the matter of energy efficiency standards for rental properties.

IEEFA has recently published a report analysing the potential impacts of implementing minimum energy efficiency standards for rental properties. This report found:

• Minimum energy efficiency standards could save Tasmanian renters $1.7 billion by 2050.
• If standards are implemented well, renters could be better off from day one.
• Upgrading rental properties would support Tasmania’s strategic energy advantage.

To enable these benefits, we recommend:

1. The Tasmanian government should introduce requirements for energy-efficient fixed electric appliances in rental properties.
2. The Tasmanian government should introduce minimum energy efficiency requirements addressing the overall energy performance of rental properties.
3. The Tasmanian government should restart the Energy Saver Loan Scheme with particular priority given to rental property owners, and with longer loan terms.

Our submission elaborates on the findings from our report, and provides answers to key consultation questions. Please do not hesitate to contact me to discuss this submission further.
 

Kind regards,

Jay Gordon, Energy Finance Analyst, Australian Electricity