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The Guardian - AU
The Guardian - AU
National
Nino Bucci

Labor pumps $160m into Westpac fund offering lower-interest loans for household energy upgrades

solar panels being installed on a roof
Energy minister Chris Bowen said the competitive-rate loans will give people the ‘freedom to choose how to upgrade their homes and to make them more energy efficient’. Photograph: zstockphotos/Getty Images/iStockphoto

The Albanese government has pumped $160m into a major bank fund that offers discounted loans to pay for energy efficient upgrades to homes.

The investment was announced on Sunday as part of the household energy upgrades fund in last year’s federal budget.

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