Property owners told to get green

Property owners will be forced to have an energy efficiency rating attached to their buildings within months or risk facing hefty fines under a proposal by the Federal Government.

But landlords could slash waste and save thousands of dollars by having their buildings rated before the scheme becomes mandatory, according to Colliers International.

The national Building Energy Efficiency Disclosure scheme is being debated in Canberra. Apart from minor details, it has bipartisan support and is expected to start between October and December.

The scheme will make it mandatory for all commercial buildings with a net lettable area of 2000sqm or more, which are sold or leased to a potential purchaser, tenant or sub-tenant to have a registered Building Energy Efficiency Certificate.
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