Bramine... looks like Green Agendas for Gvts are going down the priority list....
Budget last night..commentary from PCA re Green Initiatives:
Greening the built environment
The Government has scrapped the $1 billion Tax Breaks for Green Buildings program. The tax scheme was designed to turbo-charge the green retrofitting of buildings and was due to commence on 1 July 2012 after a one-year postponement. The green building tax breaks were the first major commitment of Julia Gillard as Prime Minister. The Coalition is on record backing direct action to incentivise investment in green retrofits. The Property Council will now step up its engagement with both the Opposition and Greens on this issue.
Other minor sustainability measures include: $2.8 million to help improve the NABERS and NatHERS rating tools, and tweaking the commercial building mandatory disclosure regime; and $3 million for the development of a climate change adaption policy.
So negative news really. WAS seems to be off the radar screen for many, so needs some really big news!!
WAS Price at posting:
1.7¢ Sentiment: None Disclosure: Held
