Some Australian home builders are already striving to move beyond minimum requirements by incorporating energy efficient designs and technology innovations into new homes that are healthier, more comfortable and more affordable to run. However, these builders lack scale and face significant barriers. Consumers are unclear of their choices – and are baffled by all the terminology. Home builders are locked into business models and supply chains that limit innovation. And financiers don’t value sustainable homes.
This roadmap offers a golden opportunity to proactively address these challenges and achieve a smooth regulatory transition through complementary market-based support. Research shows that this can create a win-win outcome for builders, consumers, the economy and the environment.