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Tiles 16/06/2020

Make the righteous use of the federal scheme with Western Distributors

The Australian Government is giving grants of $25k for renovating or building homes, a boost to the residential construction sector.

Make the righteous use of the federal scheme with Western Distributors

In an effort to encourage construction and employment, a federal scheme will give eligible Australians $25k to build or renovate their homes. This is anotable step to boost the real estate sector in Australia during the economic downturn associated with the COVID-19 pandemic.

The federal scheme debugged as ‘HomeBuilder Program’ could act as a remedy to hundreds of thousands of people associated with the residential construction sector.

Here are some key points related to the scheme

  • The scheme will give $25k grants to eligible homeowners, but they will need to spend at least $150k of their own money on the renovation or construction.
  • The grants will be means-tested to exclude couples with annual earnings of more than $200,000 and individuals with more than $125,000 as their annual earnings.
  • New builds will be capped at $750,000, whereas renovations can cost $150,000 to $750,000. But this will only be subsidised for a house valued less than $1.5 million.
  • The grants will not be given to investment properties or homeowners who intend on building or renovating on their own without the help of builders.

The $688 million ‘HomeBuilder Program’ will apply to contracts entered between June 4 and December 31 and is aimed at supporting 140,000 direct jobs and another one million related jobs in the residential construction sector. Also, the grant will be given to existing property owners and first home buyers seeking to build or improve their homes. The scheme is supposed to improve the liveability, security and accessibility of the homes where external works such as swimming pools, tennis courts, etc. are not going to be covered by the scheme.

To help you get the best results from this scheme, we can assist you in building or renovating your home with the largest range of flooring in Melbourne. Whether you want carpets, tiles or rugs to elevate the aesthetic appearance of your home, we can help you with everything.

Check out some flooring options we provide in Melbourne:

  • If you are looking for the perfect outdoor tiles in Melbourne, we stock a huge collection of indoor and outdoor tiles, available in every size, shape, style and colour, to suit your lifestyle.
  • Need to install waterproof flooring? We have some of the most affordable flooring options including vinyl flooring in Melbourne.

To make use of the ‘HomeBuilder’ Program, get in touch with us today.

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