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ARTICLE · 30 SEPTEMBER 2019

To BEEC or not to BEEC – that is the question

CIE's Issues Paper proposes to expand the operation of the CBD Program to include shopping centres and hotels.

AustraliaReal Estate and Construction

Proposal for CBD Program to extend to shopping centres and hotels

Introduction

Earlier this year, The Department of the Environment and Energy engaged The Centre for International Economics (CIE) to undertake an independent review of the Commercial Building Disclosure (CBD) Program and its enabling legislation - the Building Energy Efficiency Disclosure (BEED) Act 2010 (Cth) (BEED Act).

CIE's Issues Paper (Issues Paper) focused on a number of specific reference points and invited written and oral submissions over the course of the year. With a final report due imminently, in this update, we will consider one of the reference points addressed in the Issues Paper to expand the operation of the CBD Program to include other high energy-using classes of buildings, such as shopping centres and hotels.

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