The Rudd Goverment has announced this morning that it will stop the $1200 subsidies on roof insulation following the death incidents and some poor worksmanship of certain installers. Installers now have just seven days to lodge their $1,200 claims for all finished work.
Environment Minister Peter Garrett said he was getting rid of the shonky operators by requiring tough new rules to force all installers to re-register, pay a cash bond of about $10,000 and prove they had proper training.
It is expected the subsidies to be replaced with a $1,000 rebate starting on 1st of Jun this year.
Mr Garrett also announced sweeping changes to other schemes, cutting the rebate for solar hot water systems to $1000. The interest-free green loans to carry out home improvements will also be axed next month.
Source: Herald Sun
