The independent review of the Commercial Building Disclosure (CBD) program has proposed the reduction of mandatory reporting dimensions in order to expand the scope of the scheme to encompass mid-tier office properties.

The independent review released by Minister for Resources, Energy and Northern Australia Josh Frydenberg at the beginning of February found that improvements to building energy efficiency spurred by the scheme achieved between 2010 to 2014 resulted in as much as $44 million in benefits – an amount far surpassing the…