Electrifying Finance for Homes Pt. 2 | BOOM! Power Peloton Event

How do we fund the transition to net-zero homes at scale—without expecting homeowners to put their hand in their pocket for the upfront cost?

This event explored finance solutions to accelerate the decarbonisation of Australia’s built environment, including a government-backed loan program repaid upon property sale and green mortgages that eliminate upfront spending by redistributing part of the bank’s profit margin. A sustainable finance taxonomy, funded by the Australian government, is being developed to guide capital into credible climate solutions, address greenwashing, and promote transparency. The discussions made clear that aligning financial tools, policy, and consumer incentives is essential to enable widespread electrification and achieve net-zero goals.

Purdie Bowen

Program Lead; Policy and Sustainable Finance Solutions, ASFI

Purdie Bowden is the person leading ASFI’s policy and sustainable finance programs and has extensive experience in climate finance and sustainable finance policy and programs.

With a background as Australia’s lead climate finance negotiator, and recent experience designing and implementing climate finance policy and investments for the Australian Government, Purdie has a strong understanding of the international, regional and domestic policy environment on climate and sustainable finance and the ability to translate between government, regulators and the finance sector to achieve policy outcomes. Purdie began her career as an energy and resources solicitor at King & Wood Mallesons. She holds a Master of Environment, Bachelor of Laws, and Bachelor of Arts.

Francis Vierboom

Market Transformation Manager, Rewiring Australia

Francis Vierboom is a business leader and technologist. As Market Transformation Manager at Rewiring Australia, he’s focused on research & advocacy for the market and policy settings that will electrify everything as quickly as possible.

Previously he was co-founder and CEO of Propeller Aero, one of Australia’s most successful technology start-ups, and has worked in technology policy and implementation for many of the largest enterprises and agencies in Australia. He was also part of the core volunteer group that launched the Electrify 2515 community campaign in 2022 (which is how he ended up at Rewiring Australia!)

Vincent Turner

Market Transformation Manager, UNO Home Loans

Vince is a 20+ years fintech entrepreneur. His first company, Pisces, which he started at age 21 in 1999, built mortgage software used by over 90% of Australian banks, processing $50bn/year in mortgages.

In 2010 he moved to San Francisco and set up Planwise, again taking venture investment, to build consumer financial software. While in SF he founded SF Fintech, the 3rd largest fintech group globally.

His latest venture, UNO, is Australia’s Online Mortgage Broker, launched in mid 2016 and has secured > $50m in funding from Westpac. UNO is now exploring how to expand from mortgage broking into mortgage lending. Vincent is an active investor and adviser to early stage companies across a number of verticals including energy, sustainability and fintech. He also hosts a podcast, Shape the System where he interviews impact led founders.