Via The Guardian:
Fewer than 250 people have applied for the Morrison government’s homebuilder scheme, officials have revealed, despite the hype from an industry association that it was the “most effective stimulus in decades”.
The federal government announced the $688m scheme just over two months ago, offering homeowners up to $25,000 to either build a new home or substantially renovate an existing one in a bid to prop up demand in Australia’s construction sector during the coronavirus-induced economic crisis.
