Low take-up of leaky homes package boosts government accounts

Thu, 11 Oct 2012

By Pam Graham Oct. 12 (BusinessDesk) – The government’s helping hand to owners of leaky homes is being shunned which helped improve the government’s accounts to the tune of $408 million in the latest financial year. Under a financial assistance package the government pays 25 percent of the repair costs of a leaky home, local government pays 25 percent, and the homeowner pays 50 percent. Paul Grimshaw, a partner at Grimshaw & Co, questioned why anyone would go for that when they could get 100 percent of remediation and other costs through the...

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