•   
  •   

Australia $668m government plan for Aussies to build and renovate homes

02:17  04 june  2020
02:17  04 june  2020 Source:   9news.com.au

Scott Morrison 'to unveil a radical new homebuyers scheme' that will be available to every Australian - not just young buyers looking to own property

  Scott Morrison 'to unveil a radical new homebuyers scheme' that will be available to every Australian - not just young buyers looking to own property Homebuyers may be handed thousands of dollars to build houses as the Australian Government desperately tries to stave off a construction collapse, that would cost thousands of jobs. Construction of new homes has plummeted during the coronavirus pandemic along with most other economic activity and is feared to be slow to revive.

Government unveils $ 668 m HomeBuilder plan for Australians looking to build or renovate houses. The government anticipates the package will support 140,000 direct construction jobs and a million workers in the wider residential building sector, including architects, material supplies and

The Morrison government will fund grants worth ,000 for eligible singles and couples planning to build or renovate homes between June and the end of To qualify, people need to be intending to build a new home as a principal place of residence valued up to 0,000 including the land, or

Australians looking to build or renovate in the second half of the year will be able to get $25,000 from the federal government as part of a scheme aiming to keep the construction industry moving.

The $688 million HomeBuilder package is available to owner-occupiers who sign a contract to start building or substantially renovating their property after June 4.

Speaking about the announcement this morning, Prime Minister Scott Morrison said the grants would "keep that dream alive" for Australians wanting to build or renovate their own home.

Government should 'build a better Australia' with housing stimulus package

  Government should 'build a better Australia' with housing stimulus package Shadow Housing Minister Jason Clare says Labor has been calling for a “comprehensive plan” from the government to ensure the safety of jobs in the housing construction industry and provide more social housing.  The government is preparing to sign off on a housing stimulus package in a bid to save jobs in the sector and prevent a projected fall in the number of houses built this year. Mr Clare told Sky News it would be a “massive missed opportunity” if the government was to announce a package worth “billions of dollars to stimulate the housing industry but can’t find one cent for public housing”.

Crippling migraines affect about five million Australians , often leaving sufferers isolated at home , and in pain. Thomas Magill, 21, has attacks that can last for days and said his eyes get bloodshot and his vision blurs when a migraine $ 668 m government plan for Aussies to build and renovate homes .

Property News: Cheap heats: Seven ways to warm up your home for or less - domain.com.au. $ 668 m government plan for Aussies to build and renovate homes . 3 minutes ago.

"Twenty-five thousand dollars to support those Australians whose dream it was to build their home or to do that big renovation," Mr Morrison said.

"A dream that they thought might have been crushed by the coronavirus. We are here to tell them we are going to keep that dream alive for them and the dreams alive of the jobs and the builders and apprentices and tradies, all of those who depend on this critical industry across the country."

The grants are open to people earning less than $125,000 a year, or $200,000 per couple, and for new homes valued up to $750,000 including land, or renovations worth between $150,000 and $750,000 that will result in the property being worth under $1.5 million.

Scott Morrison's tradie-saving plan unveiled: PM announces $25,000 handouts for Australians to renovate and build new homes starting TOMORROW under scheme to stimulate the economy

  Scott Morrison's tradie-saving plan unveiled: PM announces $25,000 handouts for Australians to renovate and build new homes starting TOMORROW under scheme to stimulate the economy In an extraordinary bid to stimulate the economy, the government is handing out the cash grants to help Aussies renovate their home or build a new house to live in.The federal government will on Thursday announce an extraordinary scheme to stimulate the economy by giving people $25,000 to renovate their homes or build a new house.

Your government . About Vancouver. Building and renovating . Build or renovate a house. Renovate a small business space. You may still need to submit physical drawings and plans for your project. We are always working to make Vancouver's homes and buildings safer, healthier, and

If you're self building or carrying out major renovations then it's vital to make sure you have adequate insurance. If your existing home insurer won’t cover you – particularly if you are planning to take on the Insurance is not the reason anyone builds or renovates their own home and for many it is

The money can't be used on investment properties or to build things outside the house like swimming pools, tennis courts, outdoor spas and saunas, sheds or garages.

The government anticipates the package will support 140,000 direct construction jobs and a million workers in the wider residential building sector, including architects, material supplies and manufacturers, and engineers.

Australian Prime Minister Scott Morrison © Rohan Thomson/Getty Images Australian Prime Minister Scott Morrison "This is going it make a big difference for them," Mr Morrison said.

"It will make a big difference on the residential building industry, one of the most important industries we have got in our country.

"Rebuilding communities, rebuilding our economy."

The Prime Minister said the scheme was one a major step in getting the economy moving now that Australia was in recession for the first time in nearly 30 years.

"When we look around the world and we see what's happening, and Australia is certainly not immune from the difficult challenges that are being faced, but here in Australia we are doing better than many and better than most," Mr Morrison said.

"It's going to be a hard road back."

The will be made available through state governments.

The sector has been warning it faced massive job losses once projects already under way tailed off, with people expected to cancel or delay new home builds amid the economic downturn.

- Reported with AAP

Turkey rejects Egyptian fire break initiative in Libya .
Ankara, Jun 10 (Reuters) - Turkey is opposed to an Egyptian fire break initiative in Libya. The government's plan in Cairo is aimed at giving renegade General Chalifa Haftar a respite after his recent military setbacks and does not appear credible to Turkey, Foreign Minister Mevlut Cavusoglu told the Hurriyet newspaper on Wednesday. His country wanted to continue discussing a solution with all parties, but this had to be supported by those involved.

—   Share news in the SOC. Networks
usr: 6
This is interesting!