Given the recent legislation changes as a result of the successful repeal of the carbon tax, I wonder if any of the builders have actually passed on any savings to their customers. Has anyone seen an actual price reduction from their builders? Or have any of the list prices decreased?
My limited understanding of the legislation that passed actually gives the ACCC powers to investigate and fine any company that does not pass on any legitimate savings to their customers. We were led to believe that the carbon tax would increase the cost of a new build by between 1 and 2 per cent.
I was also interested in whether a builder would pass on savings to an already contracted customer? There certainly is a mechanism within my HIA contract that allows the builder to pass on the costs resultant from any Commonwealth government legislation change. Surely the reverse mechanism should apply?