The federal, state and territory governments recently suggested a national rollout of energy-saving smart meters commencing in 2007. Trials are underway in all states, some using off line solutions, others narrowband communications. However, this meter overhaul is an once-in-a-lifetime chance to propel Australia to the forefront of this development - let’s not waste it. In order to save costs and to save energy a smart grid is needed. Such a network could save energy costs; is good for the environment; cuts operational network costs and opens up opportunities for new home automation and home networking business opportunities.