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AAP
AAP
Business
Marion Rae

Open door for lenders on climate risks at 11m homes

A new online tool can rate the energy efficiency of residential properties in Australia. (Lukas Coch/AAP PHOTOS)

Australia's 11 million residential properties will have their energy efficiency rated by a new tool developed by the national science agency and a data analytics company.

CSIRO and CoreLogic say RapidRate will give buyers and renters more information and help the finance industry better understand the energy efficiency of homes in their mortgage portfolios.

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