Yes I do think that governments are going to have to be a little more forceful on some of these matters. i.e. re; new hot water systems. I'm not sure if solar down under is mandatory yet ?
I see the current government also rolling out the tax cuts, that are more inflationary, rather than channelling the tax cut into infrastructure, especially infrastructure that's more efficient in terms of operating cost, such solar powered ( with gas or electric boost ) hot water systems.
They could lower household operating costs by forcing householders to only install solar ( with boost ) on new systems and offer better rebates on conversions for existing systems, which would be the same net effect as a tax cut ( by lowering household hot water operating costs ) , whilst also helping tackle the coal fired dependency issue, thus killing two birds with the one stone.
Of course still the problem remains of probable shortage of plumbers to install the systems, which pushes up costs again in the free market. Somewhat of a balancing act it seems. Thus more plumbers need to be trained, as this process of conversions and upgrades is going to be big and long term.
I mean I think that all spending is inflationary to some extent, but some more than others. That though is another discussion for another day.
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Last edited by LMagic007; 28th-April-2008 at 09:05 AM.
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