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Home loans made clear

Government dollars flow to help commercial property owners save on their bills

By johnboy - 31 January 2011 0

The ACT Planning and Land Authority has the peculiar news that they’re giving half a million dollars to six Canberra businesses to help them reduce the costs of their buildings.

Six Canberra businesses will make their buildings more energy and water efficient after
receiving grants in the latest round of Tune Up Canberra, Chief Planning Executive of the ACT
Planning and Land Authority, Neil Savery, announced today.

The grants, worth more than $0.5 million, are part of the ACT Government Tune Up Canberra
program, which offers dollar-for-dollar funding to office building owners to
tune up
buildings
that have more than 500 m2 floor space.

The Schiavello building at 2 Collie Street, Fyshwick, received $7,150 to complete a Tune Up
report that will determine what is needed to tune up the building.

Three buildings on Constitution Avenue owned by Commonwealth Managed Investments are
receiving up to $100,000 each to undertake tune-ups:

• Nara House on the corner of Constitution Avenue and London Circuit

• 5 Constitution Avenue (including Customs House)

• Allara House on the corner of Constitution Avenue and Allara Street.

Tourism House at 40 Blackall Street, Barton, is receiving $100,000 towards their tune up and
Hamib Pty Ltd is receiving $92,000 for work at 40 Macquarie Street, Barton.

“Between them, the buildings undertaking the tune up work expect to save 1.5 million kWh a
year in electricity and almost a 1 million MJ in gas a year,” Mr Savery said.

Apparently there’s another million waiting to roll for the lucky boys from the big end of town.

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