Adelaide Home Finance

Tradies to benefit in new $25,000 Government Homebuyers Grant.

Homeowners will be offered grants of up to $25,000 for new home builds, under a new Government stimulus plan, but renovators will have to match the “free” cash by more than a $1 for $1.

The grants are designed to protect tradies’ jobs in the wake of the 2020 pandemic, but the final details of the scheme will be announced later this week.

Do It Yourself projects will be out of the picture to ensure the money supports local tradies’ jobs.

Renovators will not just be required to match the cash grants but spend more, ensuring the projects are “substantial”.

“We are more interested in the larger projects and new home builds and things like that,” Prime Minister Scott Morrison said on Monday morning.

“We are looking at a bit of drop off in that current home building that’s going on. That’s not good for tradies and not good for jobs.”

As a result of the requirements, substantial kitchen or bathroom renovations that provide work for plumbers and carpenters may be suitable, but a DIY bedroom repaint or flatpack kitchen may not qualify for the scheme.

“The tradies and all the others – the apprentices and others who work in that home building sector are going to feel a lot of pain unless we can keep a continuity in the business with house construction,” Mr Morrison said.

Adelaide Home Buyers on the Big Screen 📺

It has always been an enjoyable pass time for most Australians to spend time binge watching TV with the family, but now more than ever, us Aussie's have developed an even greater appreciation for the family theatre room.

When it comes to buying a new home, forget a backyard pool, home theatres are now more front of mind than ever!

Once seen as a wish list item, people are forfeiting an extra bedroom or third car port, to trade for a comfy living room area perfect to snuggle up with the fam and a favourite episode from Netflix or Disney. Due to 2020 circumstance, and add in that this year feels colder than ever, people are investing in an indulgent room suitable for many of the members of the family to enjoy.

Doubling as a play area for the kids, many would rather stay at home in the warm, in front of a fire or heater, and their favourite family TV shows.

So when you are thinking of upgrading, or investing in your first home, keep a family theatre room in mind, for if the circumstance calls.