Mandatory Disclosure Australia

Later this year (2010) we will see the introduction of the energy efficiency regulations for commercial buildings downunder.  So if you are selling or leasing commercial office space over 2,000 sqm, the building owner(s) are required to disclose it’s energy performance and efficiency. [Source SBE] This mandatory disclosure will require owners to obtain a NABERS (National Australian Built Environment Rating System) Energy base building star rating.

As I understand it, there will be no grace period following the passage of legislation, therefore building owners need to start considering these requirement before leasing or sale. The Australian NABERS system has accredited NABERS assessors that provide guidance through the NABERS process, to assess current energy performance and explore opportunities for improving energy efficiency.

Compared the BEAM Plus EB (existing buildings) methodology, NABERS it is a concise and focused scheme and was helped by support from the Australian government. Discussions have been on-going for some time here in Hong Kong to launch a similar scheme in Hong Kong, a founding committee was setup however funding was not secured.

– John Herbert, Consultant, Kelcroft E&M Limited