The insulation installing industry has been rorting the government over the insulation subsidy and the media and the politicians seem to be turning a blind eye.
I have a quote involving the subsidy:
Full price: $4636.80
Subsidy: $2318.40 - from the taxpayer and into the insulation installers pocket
Price to me: $2318.40
Another quote from an installer who contributes to PropertyTalk:
No subsidy
Price to me: $2700
Not a big difference in price to me between the two quotes.
So the work is really about $2500 which covers materials and labour.
The rort is the first quote where the installing company does the work and covers it's costs and makes a profit and then charges the govt $2300 on top.
If I have made some wrong assumptions then let me know.
The media seem to be picking on landlords who haven't taken up the subsidy and imply they are being cruel to their tenants.
Could the media have a close look at the insulation installing companies and check their figures?
I also wouldn't be surprised if the meth testing scammers have also set up an insulation installing company to develop another income stream based on deceit.
I have a quote involving the subsidy:
Full price: $4636.80
Subsidy: $2318.40 - from the taxpayer and into the insulation installers pocket
Price to me: $2318.40
Another quote from an installer who contributes to PropertyTalk:
No subsidy
Price to me: $2700
Not a big difference in price to me between the two quotes.
So the work is really about $2500 which covers materials and labour.
The rort is the first quote where the installing company does the work and covers it's costs and makes a profit and then charges the govt $2300 on top.
If I have made some wrong assumptions then let me know.
The media seem to be picking on landlords who haven't taken up the subsidy and imply they are being cruel to their tenants.
Could the media have a close look at the insulation installing companies and check their figures?
I also wouldn't be surprised if the meth testing scammers have also set up an insulation installing company to develop another income stream based on deceit.
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