HomeBuilder having limited impact on renovations
The federal government’s $688 million HomeBuilder scheme is being criticised for being ineffectual, particularly for renovations, while at the same time industry groups are calling for it to be extended to ensure it stimulates the housing construction sector as intended.
The federal government hoped its HomeBuilder grants would create a rush on renovations, but applications have been scarce. Photo: Shutterstock (Image source: Shutterstock.com)
The federal government’s $688 million HomeBuilder scheme is being criticised for being ineffectual, particularly for renovations, while at the same time industry groups are calling for it to be extended to ensure it stimulates the housing construction sector as intended.
HomeBuilder was announced to much fanfare by Prime Minister Scott Morrison several months ago, with the scheme offering up to $25,000 to either build a new home or substantially…
