Giles Govt Fast Tracks Commencement Of Home Improvement Scheme

Giles Govt Fast Tracks Commencement Of Home Improvement Scheme

Northern Territory Minister for Business Peter Styles

Home Improvement Scheme Open For Business

Victor P Taffa

Territory homeowner-occupiers are already signing up to the Northern Territory Government’s highly popular $20 Million Home Improvement Scheme after it officially opened for business this morning.

Minister for Business Peter Styles said homeowner-occupiers could register their home improvement projects from today after high demand led the government to fast track the start date.

“The overwhelming response to this initiative just goes to show it is precisely what Territory small businesses and residents needed.” Mr. Styles said.

“We have already seen an impressive response from tradies and small businesses registering for the scheme and we expect the same sort of reaction from Territory homeowner-occupiers.”

“Over 500 local small businesses have submitted registrations since the scheme was launched less than two weeks ago and homeowners started applying immediately after the initiative went live for them at 9 am this morning.”

“I am receiving feedback from businesses that they are experiencing the benefits of the scheme through an influx of quote requests and now it will be tools up, as the real work gets underway.” Mr. Styles said.

The $20 Million Home Improvement Scheme was announced as part of Budget 2016 late last month.

Under the initiative Territory homeowner-occupiers will receive vouchers of up to $2,000 to go towards minor home improvements, repairs or maintenance works on the condition they use registered local small businesses or tradies and contribute at least the same amount.

Projects must be small-scale (less than $20,000), the voucher value depends on the size of the project and will be from $250 to a maximum of $2,000.

The scheme was initially to run through to 30 June 2017 or until the $20 Million grant pool was used.

Given the popularity of the initiative the Chief Minister has confirmed he would extend the program and increase the funding allocation if the economy still requires it.

Home owner-occupiers are encouraged to source multiple quotes for their home improvement projects and treat it as they would any other project at their homes.

Mr. Styles said homeowner-occupiers should allow at least five working days for applications to be processed and businesses at least three working days.

“Department of Business staff have been and will be working seven days a week to process all of the applications and to implement and monitor the scheme throughout.” Mr. Styles said.

“I am proud of the positive impact this innovative Country Liberals Government budget initiative is already delivering as part of our plan to ensure a prosperous economy and strong society for all Territorians.”