Have your say on proposed changes to the CBD Program

On the 4th February 2016, The Minister for Resources, Energy and Northern Australia, The Hon. Josh Frydenberg MP, released the report on the Commercial Buildings Disclosure (CBD) Program Review (http://cbd.gov.au/overview-of-the-program/cbd-review).
 
The independent review, produced by ACIL Allen Consulting, found the CBD Program to be a successful and effective way of delivering significant benefits at a minimal cost to industry and government. The review concluded the CBD Program has delivered $44 million in benefits over the last four years by assisting to improve the energy efficiency of Australia’s large office buildings. The Hon. Josh Frydenberg MP agreed that the CBD Program will continue and consideration would be given to the recommended regulatory changes that are projected to deliver an additional $13 million in energy efficiency benefits by 2028 and streamline industry regulatory obligations.

The proposed changes to the CBD Program include:

• Lowering the threshold for mandatory disclosure of energy efficiency information on buildings from 1,000 square metres and up to capture smaller office buildings.
• Extending the validity period for the tenancy lighting assessment from one to five years.

Any changes to the CBD Program will be preceded by a one year transition period following Ministerial approval. It is anticipated that the proposed changes won’t be introduced until July 2017.

A Regulatory Impact Statement on the proposed changes has been prepared and is available on the CBD website (http://cbd.gov.au/overview-of-the-program/cbd-review).

A consultation survey on the proposed changes to the CBD Program is open to the public until 5 pm AEST on the 12 March 2016. The public consultation can be accessed here:
https://consult.industry.gov.au/energy-division/cbd-public-consultation

They also welcome feedback from stakeholders through the CBD Hotline: 1800 020 131 and through the CBD email address: info@cbd.gov.au

Napier & Blakeley are pleased to have the following CBD Assessors and they invite you to contact them if you have any queries regarding this or anything else related:

SYDNEY Rod Clarke o.  02 8113 7104 m. 0417 736 402 e.  rclarke@napierblakeley.com	MELBOURNE Paul Bullen o.  03 9915 6300    m. 0418 407 863 e.  pbullen@napierblakeley.com
BRISBANE Clayton Stewart o.  07 3815 0498 m. 0419 528 707 e. cstewart@napierblakeley.com	BRISBANE John Proctor o.  07 3815 0428 m. 0415 422 313 e. jproctor@napierblakeley.com