Progress for Building Upgrade Agreements in South Australia
At a glance
- South Australia follows NSW and Victoria to open access to building upgrade finance
After narrowly passing both Houses of the South Australian Parliament, the Local Government (Building Upgrade Agreements) Amendment Bill 2015 has now been enacted. The Act will amend the Local Government Act 1999, inserting provisions to facilitate financing agreements between building owners, financiers and Councils to enable them to upgrade the environmental credentials of existing commercial buildings in SA.
Please click here to access our Insights article discussing this in further detail.
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