Mark McGowan refuses to concede his government's pandemic home stimulus grants overheated WA's housing market, as thousands struggle to get new home builds finished.
abc.net.au/news/bgc-stops-new-orders-mark-mcgowan-stimulus-packages/102039034WA Premier Mark McGowan has refused to accept his government's pandemic-era home stimulus grants played a role in overheating the state's housing market, which has left people saddled with unfinished homes.
"There's minimal information from the builder. You get treated like you've got no right to ask those questions," she said. The company significantly reduced the sales of new homes from June last year but has now gone further. In June 2020, Mr McGowan announced $20,000 Building Bonus grants for anyone who wanted to build a new house or buy a new property, with the scheme worth a total of $117 million.At the time, the premier said the grants gave people an "added incentive to build a new home and turn their dream into a reality"."It's never been a better time to go and build a new house," Mr McGowan said while announcing the policy at a BGC site in Perth on June 7, 2020.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
In name only: Queen’s Wharf Brisbane will not mark historical siteThe $3.6 billion integrated casino, resort and shopping complex stretches down to the river but does not mark the site where the British penal colony was founded in 1825.
Read more »
The Tweed still 'raw' as residents mark anniversary of devastating floodsA Tweed resident says 'the promises stopped coming' six months after flooding which exposed the region's vulnerability to natural disasters.
Read more »
Missing couple Constance Marten and Mark Gordon arrested, search for baby continuesPair arrested in Brighton, according to Metropolitan police, amid urgent operation to find infant born at time of their disappearance in January
Read more »
Constance Marten and Mark Gordon arrested on suspicion of gross negligence manslaughterCouple first arrested on Monday on suspicion of child neglect after several weeks avoiding police but infant not with them
Read more »
Albanese rejects changes to capital gains tax on the family home, ‘full stop, exclamation mark’Prime minister says it’s a ‘bad idea’ to make family homes subject to capital gains tax concessions
Read more »
RBA giving the nation ‘brain damage’: Mark Bouris unleashes on Philip LoweYellow Brick Road Home Loans Executive Chairman Mark Bouris says the Reserve Bank of Australia is giving the nation 'brain damage' over their handling of inflation. “One minute there saying interest rates are not going up until 2024, go borrow money at fixed rates at 0.2 per cent and you’ll be sweet,” Mr Bouris told Sky News Australia. 'The next minute there telling us we have to control inflation, we’ve got to control wages, we are just going to keep putting rates up. Mr Bouris he does not believe Governor Philip Lowe and the RBA really 'know what they're doing'. 'They're crossing their fingers hoping they're going to get it right”.
Read more »