The Property Council of Australia has welcomed the announcement of a 12-month delay to the extension of Energy Efficiency Opportunities (EEO) reporting to greenfield developments.
The Property Council will continue to advocate for exemptions for the property sector, which already complies with strict mandatory energy efficiency standards in the National Construction Code.
The additional consultation phase will include industry trials to test the effectiveness of the program.
The Property Council is confident that the proposed trials will show that the property sector is already delivering a high standard of energy efficiency in new buildings and that additional reporting adds no direct environmental value.
The Minister also announced a statutory review of the first five years of the EEO program.
For further information, contact Jane Macnamara at jmacnamara@propertyoz.com.au or on 02 9033 1983.
Download the Property Council's media release here.