The Real Estate Institute of Australia (REIA) has announced its support of the Federal Government’s Your Home scheme, which focuses on energy sustainability.
The REIA has welcomed the Morrison Government’s new edition of the Your Home initiative, released on 28 September 2021.
It will assist Australians in improving the energy efficiency of their homes, reduce their carbon footprint and save on energy costs.
REIA President, Adrian Kelly said, the initiative will provide free resources that will help new home owners to build an energy efficient house.
“Your Home provides Australians with a guide to designing and building energy efficient, sustainable homes that use less energy, are cheaper to run and comfortable to live in.
“Most people are placing sustainability higher on their list of requirements for property and this in turn sees these properties sell at a premium.
“Additionally, sustainable options such as solar panels, are now becoming more affordable and thus an option for most consumers so there will be more demand for energy efficient and low environmental impact homes,” he said.
Mr Kelly said that the last thing you want is for consumers to be regulated into an outcome they can’t afford – consumers need to be given the tools not the rules and makes their own choices when it comes to energy policy.
“Mandated energy policies can have adverse and unintended impacts on the property market. With most of Australian’s wealth tied to their house, this is obviously not desirable,” he said.
Mr Kelly said the initiatives will enable homeowners to improve the sustainability and energy efficiency of their homes which in turn will see savings on energy costs while contributing to Australia’s emissions reduction efforts.