Over the weekend the NSW government cut the home insulation installation grant from $1600 to $1200! It is not clear where this leaves people with existing contracts that are signed but not completed. Where the quoted installation cost was more than $1600, someone is going to have to make up the extra.
Ray White Beecroft's property management department has been actively promoting this government initiative to its many landlords, and currently has some 20 landlords either already installed or negotiating with installers. It will be interesting to see how the installation companies respond to the instant cut in their grant.
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