The Green Building Fund

23 Sep 2010Archived News Climate Change Matters

The Labor party has proposed a $30 million extension to the Green Buildings Fund which has spent $70 million of its original $90 million budget allocation to date.

Currently, Stream A of the fund targeted the owners of existing commercial office buildings with grants ranging from $50,000 to $500,000 for up to 50% of project costs. Stream B provided grants of up to $200,000 to develop the knowledge, skills or capability of those involved in the operation of commercial office buildings and 50% of project costs.

The Green Building Fund will be available for projects prior to the implementation of the Green Building Tax Break. The Green Building Fund will also be expanded to include hotels and shopping centres currently covered by the NABERS scheme. 



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