http://www.abc.net.au/news/stories/2...03/2480653.htmA nation-building package to support jobs and growth while the global financial crisis continues to hit the economy will be released by the Federal Government today.
Earlier this morning the Government confirmed the package, expected to be in the billions of dollars, would include free ceiling insulation for more than 2.5 million homes.
The Government says the move will save families about $200 a year on their energy bills and create jobs for people to install the insulation.
The scheme will be available for 2.2 million owner-occupied homes and another 500,000 rental properties.
Federal Treasurer Wayne Swan says the package will invest in economic growth.
"This plan will strike the right balance between supporting jobs now and investing in critical nation-building projects for the future and investing in critical nation-building projects for the future," he said.
A curious one... I can see the general idea, but is it really going to be that effective in practice?
How many older homes can simply be slapped with insulation and it be effective without a proper energy-efficient design?
Wouldn't anything newer already have suitable insulation?
What about older houses with asbestos roofing which is common in some states? surely that throws a major spanner in things..
Will it really create jobs out of thin air? Who is qualified to install the stuff?
How's this going to work in multi-level apartment blocks?
Will landlords be stuffed helping out their tenants simply for the sake of it?
Seems pretty hair-brained scheme to me..