The cost of building materials is steadily rising as Covid continues to impact supply chains, with some key materials expected to increase by 40 per cent in some areas. According to Matt Billingham, Australian real estate lead at global consultancy Turner & Townsend, between 2020-21, the price of steel in Sydney has already risen 10 […]
The Australian health sector is embarking on a period of rapid innovation and reform, driven by the disruptive innovation arising from the COVID-19 pandemic. This reform should include keeping pace with the transition to environmental social governance-driven strategies and operating models we see globally. The health impacts of climate change are increasingly evident and immediate. They have […]
Victoria is on a big rebuild and reboot of its economy kick and solar is a big focus for the year. According to Stan Krpan, chief executive of Solar Victoria, it’s all systems go.
What’s happening in job news this week.
Loans for environmental upgrades have come a long way in the past 10 years. Owners can now enjoy one of three tailored products, including the Capital Fund, which becomes part of a developer’s capital stack, reduces cost and provides a greater return on equity.
EUROPE: Financing building upgrades to make them more energy efficient is the subject of much research. It’s estimated it would need around EUR 100 billion (AU$163 billion) a year to meet the European target to tackle climate change.
Senior Victorian bureaucrat, Nick Foa, has been appointed to run the new authority responsible for the state’s biggest transport project, Melbourne’s Suburban Rail Loop.
Environmental upgrade agreements are on the cards as part of the North Sydney Council’s program for reducing greenhouse gas pollution and the cost of living in apartments.
Bank Australia has partnered with Sustainable Melbourne Fund to take the original environmental upgrade agreement (EUAs) program for buildings national.
Victoria will introduce a “world-first” financial mechanism to help residential building owners pay for urgent rectification works caused by the installation of non-conforming and non-compliant flammable cladding on high-rise apartment buildings in the state.
A new partnership – based on the successful Better Buildings Partnership model – hopes to get hotels, museums and other venues serious about sustainability and make Sydney a destination for sustainable tourism.
Almost half of Australian businesses are investing in renewable energy to beat rising power costs and reduce their carbon emissions, according to a new report from the Climate Council.
A group of retailers – whose members include Aviva, BT, Cemex, Ikea, Kingfisher, M&S, Nestle, Sky and Tesco – have criticised the UK government for not doing enough to improve energy efficiency in non-domestic buildings.
Exclusive: Increased building standards, mandatory disclosure of NABERS tenancy ratings and increased amounts of renewables are being pushed by the City of Sydney in a bid to get office buildings to net zero by 2050.
Trust a small city with a legacy reputation as a rust belt capital to stir up enough competitive juices to take on the rest of country, and outperform.
Video: In interview with The Fifth Estate, Moreland Energy Foundation chief executive Alison Rowe said MEFL was getting into Environmental Upgrade Agreements, with the first recently signed for local business Otto and Spike.
Whether it’s the sound of partying neighbours, constant banging of footfalls overhead or the roaring of traffic heard whenever balcony doors are opened, noise is compromising health and quality of life for many apartment dwellers.
Google “Queensland’s future” and you’ll be inundated by government and soft media sites promising a sleek, modern Sunshine State.
Analysis: Environmental Upgrade Agreements were always a brilliant idea. A way to fund sustainability upgrades with the cost paid back as part of council rates. The tenant saves money on the energy bills that come from the upgrade; the owner gets better infrastructure. Everyone wins.
In great news for Environmental Upgrade Agreements, wholesale fund manager Trust Capital Advisers and its advisers have negotiated a $1.8 million energy upgrade of an office building in Bourke Street.
Infrastructure projects are the big focus of Queensland’s budget, with $42.75 billion committed to transport, roads, education and health facilities, and the energy and water sectors, with $10 billion committed in 2017-18.
Victoria’s commercial buildings will get a boost to their sustainability potential following the announcement of a new collaboration between the state government and the Sustainable Melbourne Fund. The program involves help to take up Environmental Upgrade Agreements, the benefits of which include reduced energy costs and emissions. Energy, environment and climate change minister Lily D’Ambrosio […]
Ecosave has doubled in size since November last year, growing staff from 11 to 23. Here founder Marcelo Rouso explains why. Marcelo Rouco reckons he’s been ahead of time for way too long but now it looks like Australia has finally caught up with an idea he had to take to the US to prove. […]
About US$140-300 billion a year will need to be invested globally to adapt to the effects of climate change, but where will the money come from and is the government doing anything to create the incentives that will motivate private investment in the area? These are the issues raised by the Investor Group on Climate […]
With a near vacuum on climate change action at the federal level, and federal ministers even agitating to further reduce already paltry efforts, attention is increasingly being placed on the states to pick up the baton. And for the most part, they’re not disappointing. NSW, Victoria, South Australia and the ACT have all set net […]
Notice the rising tide of thinking that new buildings are … maybe necessary at times, but that it’s the upgrade of our existing structures that will be increasingly valued?
The retrofitting game is getting easier. The price of technology and energy-efficient plant trending down in response to growing demand, finance models such as Environmental Upgrade Agreements are resolving the split incentive barrier and state and territory governments are inspiring action and competition with each other. It’s just as well, according to Matthew Lee, regional […]
Impact Investment Group, which targets investments with positive social and environmental outcomes, has taken a stake in start-up energy services provider nu-tility for its potential to disrupt the local real estate energy efficiency market.
SPECIAL REPORTS: Universities are being pushed to take a greater lead on clean energy investment to help offset their rising energy bills and greenhouse gas emissions. However, with emissions reduction becoming an increasing focus of universities’ sustainability strategies, innovative approaches are already creating a buzz across our campuses.
Until early this year Alison Rowe was global executive director of sustainability for the giant Japanese global tech company Fujitsu. During her nine years with the company, Rowe developed a new way of building the value case for sustainability, integrating it into the business and making it a profit centre. It was a “revenue and […]