Tax breaks for redevelopments that will substantially improve the energy efficiency of existing buildings are the subject of a new public consultation paper released today by Assistant Treasurer Bill Shorten and Parliamentary Secretary for Climate Change and Energy Efficiency, Mark Dreyfus. The consultation paper has been prepared to explain the key features of the proposed program design, in particular, the eligibility criteria and assessment and certification processes.

Organisations and individuals are welcome to submit their views on the proposed program design by 18 February 2011. Details on how to make a submission can be found in sections 1.4 and 1.5 of the consultation paper.