Your Home – Guide to Building

Your Home – Guide to BuildingYourHome

Your Home is your guide to building, buying or renovating a home. It shows how to create a comfortable home with low impact on the environment – economical to run, healthier to live in and adaptable to your changing needs.

This Australian Government Web site is an excellent starting point for your home project. The web site deals with 4 main segments of sustainable housing.

Your Home – guide to building is a web site very worthwhile to research before you begin. Reviewing items of location, orientation, heating and cooling to enable home owners to understand more about the real cost’s of owning and maintaining your home.

It allows couples to try and decide some important principals for when they are briefing their designer or in fact when considering a building block to ensure the location and options for siting a dwelling are provided to a specific block of land.

We trust you will find this web site worthwhile.

First Home Buyers Boost

First Home Buyers Boost

In times where the public is being superbly massaged by Labor spin doctors to save their skins (please review their performance over last 6 years fellow Australian voters), the Victorian Governments new First Home Buyers Boost Grant of $10,000 from the 1st of July 2013 is a great example of government doing something as against nothing. With little fanfare to earn votes or praise Victoria couple have a little window of positive to help them.

As times roll on where young couples being able to even conceive buying a home, with Bankers, Corporate Employers and Governments all equally competing and ensuring (making the) elite wealthy even stronger, these small handouts to the future moms and dads, the future of our country, important and critical. As a tax payer I see it as money well spent against a Prime Minister his wife and kids flying to Indoensia for an 18 hours tea party. Give us a break. Hopefully Australian voters do not get sucked in again. OK back on track now Ross your frustrations are showing through.

The new deal is that First home buyers in Melbourne who purchase a new home from 1 July can look forward to saving an average of $5258 more than those purchasing an existing home.  This clearly to encourage house building and therefore economic activity.

Reforms to the First Home Owner Grant to boost the housing market in Melbourne as more first time buyers take the plunge to capitalise on the bonuses and stamp duty savings.

For contracts entered into on or after 1 July 2013 to build or purchase a new home, a payment of up to $10,000 is available for eligible first home buyers. For contracts entered into prior to 1 July 2013, a payment of up to $7000 is payable to eligible first home buyers. This grant is not means-tested nor is it restricted by the price of the property for contracts entered into prior to 1 January 2010.

On reviewing media releases I noted “Master Builders Deputy Executive Director Radley de Silva said that targeting the grant to newly constructed homes would give residential builders in the region a much needed boost and support jobs.” “New housing starts in Victoria have dropped dramatically and measures like this will help stimulate a positive turnaround in activity,” Mr de Silva said. Those buying a new house off-the-plan in Melbourne will now receive an average of $12,798 in stamp duty discounts and bonuses – up from $9098 (a difference of $3700).”

“Incentivising first home buyers to purchase newly constructed homes is a win-win situation for the local economy. More people will be able to afford a home and more builders will remain viable,” said Mr de Silva

“These initiatives will help our industry to rebound, support local businesses and stimulate investment in the community.”

The State Government announced reforms to the First Home Owner Grant in April.

First home buyers boost is that buyers will receive a $10,000 grant when purchasing a new home from 1 July valued less than $750,000. Their stamp duty concessions will also rise for properties valued up to $600,000 from 30 to 40 per cent, followed by another increase to 50 per cent in September 2014.

SUMMARY:

Whilst the First Home Buyers Boost is very welcomed I would like to see Federal Government (Labour or Liberal) also provide weight to this segment of the economic market. Its not rocket science that housing and general construction market is of long term value to the country. Federal incentives should be weighted with emphasis to “long term green purchases into new and existing homes within a new home to reduce long term energy production”. maybe one or two hundred reductions in politician overseas holidays (oh sorry research trips…) and fantastically paid consultants to be on government sponsored committees could be a step from the clear corruption’s we are seeing within our political bureaucracy.

  SOME OTHER FAST FACTS 

 New housing starts in Victoria have dropped 20 per cent over the past two years from 59,170 in 2010/11 to 47,600 in 2012/13.

 New housing starts are set to rise to about 48,600 in 2013/14.

 The median cost of a vacant block in Melbourne is $212,500.

 The median cost of a house in Melbourne is $448,000.

References
Master Builders press release
State Government revenue Office – click to review more info

 

 

Renewable Energy Bonus Scheme…… bye bye

carbon_package_announcement-originalWith with the reduction of real political support , either or any side of the gravy train,oh I mean, politics we’ll see a further reduction by 33% for installations completed after 30th June 2012 for the Energy Bonus Scheme without real debate.

Now it’s not because I have the biggest house in the street built before wall and ceiling batts were invented, although sometimes it feels like it, but somehow it just doesn’t tick all the right boxes why we are stopping this scheme. Our leaders have settle on:

Option One:

Give massive multi national corporation making multi billion dollar profits for which considerable amounts of dividends and tax savings go off shore to tax havens – (ok I know I shouldn’t raise that but even Gillian knows about that deal) into endless free money pockets of ……….. (even I know to stop now). The others will be taxed and all will be bashed by a series of prices rises across a hugh section of the economy.

or

(a) Give a householder a rebate of a few $1000 dollars and reduce use of carbon fuels – benefits: known result, one off spend, reduced carbon usage, Australian tax payer get  benefits and the list goes on. (b) Provide 150 to 200% incentive tax breaks for direct investment into energy saving processes.

renewable-energy

With the inept installation implementation programs that caused much public anxiety the issue of poor performance of existing home continues. Just because our man Peter Garrett sings better songs than he runs a government department, doesn’t mean we can’t get it right. Its hard to really know what he stands for now, poor Peter.

Reading an article in this months BDAV News by Tim Adams, his clear point is that our political leaders need to man up, OK well he didn’t say that  hat’s how I read it, but he actually stated ”Regardless of any esoteric debates about these initiatives (insulated ceiling and the like) providing middle class welfare, we need to consider how low-income earners and pensioners can join in the huge task we face. At a time of uncertainty about Australian manufacturing and job losses across the board, some of these programs may deliver gainful employment opportunities. Vale Renewable Energy Bonus scheme roll on climate change”. So he’s essentially advocating delivering known energy remedies directly into high power usage homes. Benefit both those homes and carbon usage.

I feel I and many Australian, can’t quite figure how and what the Carbon Non-Tax is proposing to do for us. Only thing I know is the cost of power over the last 18 months has risen markedly without a significant change in delivery method. If this continues with the worsening economy hardship to lower and middle families will prevaile.

So I join the ranks as a disgruntled 55+ professionals who is feeling more and more that the real principals of government has been left behind and our leaders are out only for personal gain, period. Frankly over the last 3 to 4 years it’s hard to argue against my reaction.

In summary:

Yes I think investing in reducing household cost’s is a sensible investment and something house owners should budget for. Not just wait for a government solution (Yes I’m aware many are and congratulations well done).

Efficent HomesI are a win win for the owners and the country. More comfortable homes and lower cost of living is sensible . Government should support the smart solutions rather than simply handing out money rebates. Invest for long term solutions while energy production improve towards lower environmental impact methods is sensible. As to what difference overall to the world climate it makes, well that debatable, but doing the right thing is sensible.