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FINALLY something that will put the smile on many a home OWNERS dial ( especially us old farts who own our homes ( no mortgages ) .
A home owners scheme for home renovators to help keep building industry alive and afloat is a bloody good idea - wonder if it'll be modelled on the NT gov scheme ? or better even .
Federal government 'looking to hold up' construction industry amid COVID-19
Scott Morrison flags coronavirus stimulus for builders, amid reports scheme will include cash grants for home renos
NT Scheme : https://businessnt.smartygrants.com.au/homeimprovement2020
NTians grabbed it wholeheartedly and used it to put down concrete driveway, put up garages ,do decks , and install solar panels on their roofs. Lucky buggers.
If this happens , and I hope it does , and it's at least as good the scheme trialed in the NT , I'm very willing to give my builder ( who has my design for my 8m x 4.5m off ground steel frame , half covered ( roof over half the space ) hardiedeck clad deck moving as soon as I get the DA from the local council approved and the voucher from the Fed Government in the mail.
Heck I might even go all out and redesign it to be the full length of my house (so that makes it 18m x 4.5m ) with a split covered area ( north 1/4 and south 1/4 covered with insulated metal roofing or incorporate the observatory in my southern 1/4 so I don't even have to go down steps to get to it..
The money I'll likely save if this "grant" scheme happens I can use to build my roll off roof observatory as part of the "renovation/home improvement". I can get all this done while maintaining social distancing and voluntary social isolation ( the builders stay outside and have no need to come inside at all for my projects ). If it's a voucher worth $6,000 it's going be powerful incentive to me to pick up the phone and give my builder the go-ahead for my deck. If it's $10000 like the old new home owners scheme or $15000 , even better !!!
The deck project was ready for me give the nod in December.
I held off to focus on finishing off my beds and to have break , then covid19 came along and pause my remaining home improvements ( deck , solar panels , observatory ). Didn't want the bother.
Getting the deck done , especially if it's before Xmas will make my wife a very happy camper as she's wanted a nice out door entertainment area for a very long time .
I might call my installer to move my 8kW of solar panels project up for an install as soon as the deck is up and it's roofs are up too.
A home owners scheme for home renovators to help keep building industry alive and afloat is a bloody good idea - wonder if it'll be modelled on the NT gov scheme ? or better even .
Federal government 'looking to hold up' construction industry amid COVID-19
https://www.msn.com/en-au/news/australia/govt-stimulus-can-boost-construction-sector/ar-BB14ScGs?ocid=spartandhpPopulation Minister Alan Tudge says the government is investigating “what we can do to really hold up” the construction industry in Australia as the economic ramifications of the coronavirus pandemic continue to be felt. Mr Tudge said the government is “looking at seeing if we can stimulate the residential construction sector” within the nation. “The construction sector as a whole is, about 1.3 million jobs, it’s a massive part of the economy,” Mr Tudge told Sky News host Chris Kenny. << There are huge skill bases in it too , as well huge opportunities for training young people in a wide range of trades and professionals >>
On Sunday the government will introduce new homeowner grant to encourage the construction of new homes, with the Australian revealing today the program will be available for renovations.
Unfortunately our members are telling us that they are seeing a decline, pretty consistently around the country, of 40% drop in forward contracts that will start hitting us in September. << that will translate to perhaps 800,000 construction and construction reliant jobs ( ie at places like Mitre10, Bunnings, Blackwoods, Boral, Astral etc evaporating in the 3rd & 4th Quarter >>
The scheme will allow people buying newly constructed homes or renovating their existing home to access between five to ten thousand dollars.
The payment threshold is expected to be on homes worth $500,000 to $800,000.
The construction sector is expected to experience a significant slowdown, with demand constricting due to the COVID-19.
“The main-focus will still be on trying to get new houses constructed … (as) that obviously produces more jobs," Mr Tudge .
He said the federal government is investigating “what we can do to really hold up that industry”.
Scott Morrison flags coronavirus stimulus for builders, amid reports scheme will include cash grants for home renos
Forecasts suggest investment in residential housing will be down 20 per cent in the June quarter.
https://www.abc.net.au/news/2020-06-01/coronavirus-scott-morrison-stimulus-construction-entertainment/12306818"House building, residential construction, is going to be one of those gaps we need to address," Mr Morrison said.
"We'll have more to say about this once the details are finalised, but it is about creating jobs and supporting jobs in our residential construction sector.
"The tradies and all the others, the apprentices and others who work in that home-building sector, are a sector we know are going to feel a lot of pain unless we can keep a continuity in the business with house construction."
The Australian newspaper has reported that direct cash grants for home renovations could be part of a multi-billion-dollar building stimulus package. << : ) >>
But the Government refused to confirm those details when asked by the ABC.
NT Scheme : https://businessnt.smartygrants.com.au/homeimprovement2020
It’s part of the Territory Government’s Rescue and Recovery plan in response to coronavirus (COVID-19).
The scheme will help fast-track around 5,000 screwdriver-ready projects in Territory homes.
This means that projects are physical improvements to land and / or buildings, and repairs and maintenance services.
The scheme operates on a voucher system, with home owners receiving either:
> a voucher worth $4,000 if they contribute at least $1,000 of their own money,
or
> a voucher worth $6,000 if they contribute at least $2,000 of their own money.
NTians grabbed it wholeheartedly and used it to put down concrete driveway, put up garages ,do decks , and install solar panels on their roofs. Lucky buggers.
If this happens , and I hope it does , and it's at least as good the scheme trialed in the NT , I'm very willing to give my builder ( who has my design for my 8m x 4.5m off ground steel frame , half covered ( roof over half the space ) hardiedeck clad deck moving as soon as I get the DA from the local council approved and the voucher from the Fed Government in the mail.
Heck I might even go all out and redesign it to be the full length of my house (so that makes it 18m x 4.5m ) with a split covered area ( north 1/4 and south 1/4 covered with insulated metal roofing or incorporate the observatory in my southern 1/4 so I don't even have to go down steps to get to it..
The money I'll likely save if this "grant" scheme happens I can use to build my roll off roof observatory as part of the "renovation/home improvement". I can get all this done while maintaining social distancing and voluntary social isolation ( the builders stay outside and have no need to come inside at all for my projects ). If it's a voucher worth $6,000 it's going be powerful incentive to me to pick up the phone and give my builder the go-ahead for my deck. If it's $10000 like the old new home owners scheme or $15000 , even better !!!
The deck project was ready for me give the nod in December.
I held off to focus on finishing off my beds and to have break , then covid19 came along and pause my remaining home improvements ( deck , solar panels , observatory ). Didn't want the bother.
Getting the deck done , especially if it's before Xmas will make my wife a very happy camper as she's wanted a nice out door entertainment area for a very long time .
I might call my installer to move my 8kW of solar panels project up for an install as soon as the deck is up and it's roofs are up too.
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