Green House Price "Sting"

An article in the Daily Telegraph says that the Federal Government is planning to introduce a mandatory system of energy "star" ratings. Such a scheme has been operating in the ACT since 1999, with properties rated out of six stars. Surveys suggest that in the ACT experience a single star difference in the rating led to a 3% variation in sale price, which in Beecroft could mean some $30,000! According to the article, the cost of having your property assessed will be something like $200.