With no warning, the NSW government has cut the grant for home insulation from $1600 to $1200. Presumably people who have already signed up for free installation will still be covered by that contract, and the company doing that installation will be out by $400 per house! Very strange situation for the government to put small businesses into.
Meanwhile Ray White Beecroft has about 20 landlords now entering contracts for such installations, and it is not at all clear who will be paying the extra money required. Many of our houses are too large to be covered by the earlier $1600 grant so the installer had quoted on the basis of the government paying $1600 and the landlord paying the extra. Will the installer be happy to absorb the $400, or will he pass it on?
We don't know yet.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment