The childcare, construction and arts and entertainment industries are set to be the next areas targeted for stimulus spending from the Morrison Government.
Cash grants of $30,000 -$50,000 are tipped to be announced for building new homes, but only available until the end of the year so house prices don’t get out of control.
The opposition and housing groups are still hoping home renovations will be eligible for cash grants too.
Speaking of which, if you’ve been putting off that major renovation, now might be the time to do it.
After a lot of speculation, the government is expected to announce cash grants of about $20,000.
There’s a catch, however, it’ll be only for projects that are predicted to have a minimum cost of about $100K, and there’ll be stringent means-testing and a compliance program.