Changes to the Commercial Building Disclosure Program
On 21 June 2016, the Minister for Resources, Energy and Northern Australia, the Hon. Josh Frydenberg, announced the move to lower the mandatory disclosure threshold on commercial office buildings from 2000 square metres to 1000 square metres. The media release can be found here. Changes to lower the disclosure threshold are complemented by a decision to extend the validity for Tenancy Lighting Assessments (TLAs) from one to five years for all new TLAs.