Why some home-owners won't bother with the HomeBuilder grant

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Why some home-owners won't bother with the HomeBuilder grant
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'I can't see too many people dropping $150,000 on a renovation of a house, especially internally”. 9News

Western Australian man Colin Payne would love to renovate his Kelmscott home, but he doesn't want to spend between $150,000 and $750,000."I can't see too many people dropping $150,000 on a renovation of a house, especially internally," the 44-year-old father said.

While initially excited about the announcement, Mr Payne said when more details emerged, he felt it as a "kick in the guts".Just 7000 Australians are expected to renovate because of the HomeBuilders scheme.But some people are not planning to take advantage of the HomeBuilder grants.

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