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The next big rort to be exposed: Insulation subsidy
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Originally posted by Bob Kane View PostSo I can install the insulation myself, satisfy myself that it is up to the standard for 2019, sign off the form and that's it?
Sweet.
Others would like you to believe that it is hard so they can clip the ticket to 'help' you.
The people who check the insulation for you have little, if any, qualification in the matter - they were taught how to measure and that's about it.
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Originally posted by Bob Kane View PostSo I can install the insulation myself, satisfy myself that it is up to the standard for 2019, sign off the form and that's it?
Sweet.
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Originally posted by Bob Kane View PostThe 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.
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Originally posted by Davo36 View PostSo is there a template for one of these statements?
I have the details of insulation at my properties. Just need to put something in writing stating it I guess?
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Originally posted by Meehole View PostWow alot of detail to complete there, wonder how accurate they are when you're dealing with an old house. Our rental complies, unfortunately the same cannot be said for our own place.....:-( work in progress
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