1 00:00:00,200 --> 00:00:02,440 Speaker 1: We did find out over the course of the weekend 2 00:00:02,600 --> 00:00:06,160 Speaker 1: that the federal government have decided to extend their generous 3 00:00:06,280 --> 00:00:08,880 Speaker 1: home builder scheme. Now joining me on the line to 4 00:00:08,920 --> 00:00:10,760 Speaker 1: talk more about this and what it will mean for 5 00:00:10,800 --> 00:00:15,080 Speaker 1: the Northern Territory is Dave Malone, head of Master Builders. 6 00:00:15,120 --> 00:00:16,440 Speaker 1: Good morning to you, Dave. 7 00:00:16,440 --> 00:00:17,600 Speaker 2: Good morning Katie. How are you? 8 00:00:17,720 --> 00:00:20,280 Speaker 1: Yeah, really well. Now, this is obviously a good thing. 9 00:00:20,360 --> 00:00:23,759 Speaker 1: We know that this home Builder scheme, it does mean 10 00:00:23,800 --> 00:00:26,400 Speaker 1: that there's a bit of an extension to it, so 11 00:00:26,480 --> 00:00:28,720 Speaker 1: I believe you can now get that work done up 12 00:00:28,800 --> 00:00:30,120 Speaker 1: until March next year. 13 00:00:30,280 --> 00:00:33,239 Speaker 2: That's right. So the federal government extended home Builder on Sunday. 14 00:00:33,840 --> 00:00:36,360 Speaker 2: They made some changes, so the scheme was meant to 15 00:00:36,360 --> 00:00:39,479 Speaker 2: finish in the end of Christmas, it will now finish 16 00:00:39,479 --> 00:00:42,880 Speaker 2: at the end of March. They did reduce the grand 17 00:00:42,960 --> 00:00:45,319 Speaker 2: for people who sign up after thirty one December from 18 00:00:45,360 --> 00:00:49,400 Speaker 2: twenty five thousand to fifteen thousand. But there's been a 19 00:00:49,440 --> 00:00:51,360 Speaker 2: lot of heat in the market in recent times because 20 00:00:51,360 --> 00:00:53,519 Speaker 2: it takes a little while for people to put our 21 00:00:53,520 --> 00:00:57,160 Speaker 2: housing project together. So the extension allows this to roll through. 22 00:00:57,200 --> 00:00:57,960 Speaker 2: So it's a good move. 23 00:00:58,480 --> 00:01:00,360 Speaker 1: Yeah, it sounds like it is a good move. Dave, 24 00:01:00,760 --> 00:01:02,800 Speaker 1: how many people in the territory. Do you know how 25 00:01:02,800 --> 00:01:05,479 Speaker 1: many have already sort of accessed this scheme. 26 00:01:07,280 --> 00:01:10,360 Speaker 2: No, I don't, but I've been talking to the house 27 00:01:10,400 --> 00:01:13,640 Speaker 2: builders and most of their customers at the moment are 28 00:01:13,640 --> 00:01:17,160 Speaker 2: people who have both home builder and build bonus in 29 00:01:17,200 --> 00:01:20,720 Speaker 2: their plans, so it's pretty crucial. I just look at 30 00:01:20,720 --> 00:01:24,399 Speaker 2: the numbers for November just now before I've got on 31 00:01:24,440 --> 00:01:26,600 Speaker 2: the line with you, you know, and we signed up 32 00:01:26,600 --> 00:01:30,320 Speaker 2: for sixty eight homes in November. Wow, that's a massive number. 33 00:01:30,520 --> 00:01:33,040 Speaker 2: So you have to think there's a lot of territories 34 00:01:33,120 --> 00:01:35,000 Speaker 2: right now taking advantage of those grants. 35 00:01:35,240 --> 00:01:37,399 Speaker 1: Yeah, and you'd have to say, as well, that is 36 00:01:37,520 --> 00:01:41,080 Speaker 1: really it's you know, it's been really beneficial for your industry. 37 00:01:42,440 --> 00:01:45,319 Speaker 2: It sure has. One of the great things about these 38 00:01:45,360 --> 00:01:48,440 Speaker 2: grant schemes is just how much private capital they leverage 39 00:01:48,440 --> 00:01:51,720 Speaker 2: as well. It sounds like mumbo jumbo typical economists sort 40 00:01:51,720 --> 00:01:54,400 Speaker 2: of thing, but eventually, you know, for every dollar that 41 00:01:54,440 --> 00:01:57,160 Speaker 2: the governments are putting in, you know, families are putting 42 00:01:57,160 --> 00:02:00,000 Speaker 2: ten or eleven dollars in, and that's the combined benefit 43 00:02:00,080 --> 00:02:03,360 Speaker 2: that then flows through firstly to our industry, which we 44 00:02:03,360 --> 00:02:06,600 Speaker 2: are very grateful for but then right through the wider community, 45 00:02:06,640 --> 00:02:09,720 Speaker 2: so that the bang for the buck from these schemes 46 00:02:10,040 --> 00:02:10,840 Speaker 2: is situational. 47 00:02:11,600 --> 00:02:13,760 Speaker 1: Yeah, and I mean I think it's a great thing 48 00:02:13,800 --> 00:02:17,000 Speaker 1: obviously if people are in a situation where they're able 49 00:02:17,040 --> 00:02:19,960 Speaker 1: to spend that money and are able to make that investment. 50 00:02:20,880 --> 00:02:23,120 Speaker 1: Like you said, it does have that flow on effect 51 00:02:23,360 --> 00:02:25,840 Speaker 1: in so many other ways to our trades people, to 52 00:02:25,919 --> 00:02:29,880 Speaker 1: our builders, everybody in the construction industry. And also you 53 00:02:29,880 --> 00:02:32,960 Speaker 1: know the people that are obviously either doing that full 54 00:02:33,560 --> 00:02:36,320 Speaker 1: you know, a big reno which is classes and new 55 00:02:36,440 --> 00:02:40,480 Speaker 1: as a rebuild, or they're going down the path of 56 00:02:40,560 --> 00:02:41,400 Speaker 1: building a home. 57 00:02:42,600 --> 00:02:44,400 Speaker 2: And one of the great things that we don't talk 58 00:02:44,520 --> 00:02:47,440 Speaker 2: enough about in my view is that when people build 59 00:02:47,440 --> 00:02:49,359 Speaker 2: a home in the territory, they're putting down routes. They're 60 00:02:49,360 --> 00:02:51,560 Speaker 2: making a decision this is where I'm going to live, 61 00:02:51,639 --> 00:02:54,040 Speaker 2: this is where I'm going to raise my family. It 62 00:02:54,080 --> 00:02:57,640 Speaker 2: provides additional people for our workforce. We all benefit from 63 00:02:57,680 --> 00:02:59,920 Speaker 2: the fact that people choose the territory as a home. 64 00:03:00,160 --> 00:03:03,000 Speaker 2: So the best signal that you have that people are 65 00:03:03,000 --> 00:03:05,600 Speaker 2: going to stay is when they invest in a new home, 66 00:03:05,840 --> 00:03:07,799 Speaker 2: either in Dale and Catherine Tenna Creek or Als or 67 00:03:07,800 --> 00:03:11,040 Speaker 2: anywhere else. So I think we should talk more about it. 68 00:03:11,040 --> 00:03:13,519 Speaker 2: It's really about how we build our population at the 69 00:03:13,600 --> 00:03:14,119 Speaker 2: end of the day. 70 00:03:14,400 --> 00:03:17,720 Speaker 1: Yeah, that's so very true and something that we all 71 00:03:17,760 --> 00:03:22,519 Speaker 1: obviously want to do. Dave just on, you know, sort 72 00:03:22,520 --> 00:03:25,760 Speaker 1: of talking about the economy. We are expecting the Territory 73 00:03:25,919 --> 00:03:30,440 Speaker 1: Economic Reconstruction Commission. They have now delivered their report to 74 00:03:30,520 --> 00:03:33,880 Speaker 1: the Northern Territory government. The Chief Minister expected to come 75 00:03:33,919 --> 00:03:37,400 Speaker 1: out later today to speak about that and to I 76 00:03:37,440 --> 00:03:41,160 Speaker 1: guess show territories exactly what's come out of that report. 77 00:03:41,640 --> 00:03:44,880 Speaker 1: From an industry perspective, You know, what are you hoping 78 00:03:45,000 --> 00:03:46,360 Speaker 1: to see? 79 00:03:47,840 --> 00:03:49,520 Speaker 2: We'd like to see a lot of things. We could 80 00:03:49,520 --> 00:03:51,640 Speaker 2: be talking for a while, but the number one thing, 81 00:03:52,320 --> 00:03:56,360 Speaker 2: by far is for a really proactive approach to driving 82 00:03:56,360 --> 00:03:58,960 Speaker 2: the economy forward. You know that, I don't want to 83 00:03:59,000 --> 00:04:01,600 Speaker 2: be critical of anyone in the killer, but sometimes it 84 00:04:01,640 --> 00:04:04,080 Speaker 2: can feel like the economy is something that we work 85 00:04:04,120 --> 00:04:06,680 Speaker 2: on when we've finished working on other things. But it's 86 00:04:06,680 --> 00:04:09,120 Speaker 2: the thing that gives you and I and everybody else 87 00:04:09,440 --> 00:04:13,200 Speaker 2: you know, a lifestyle, a job, you know, a chance 88 00:04:13,240 --> 00:04:16,279 Speaker 2: to live a full life. It all comes from the 89 00:04:16,279 --> 00:04:20,039 Speaker 2: economy in some shape or form. So We're really keen 90 00:04:20,080 --> 00:04:23,280 Speaker 2: to see a focus on investment and infrastructure because that's 91 00:04:23,320 --> 00:04:25,920 Speaker 2: the number one thing that will drive and emerging economy 92 00:04:25,960 --> 00:04:29,920 Speaker 2: like the territory. The Turk representatives, that's what they were 93 00:04:29,920 --> 00:04:31,599 Speaker 2: saying pretty much a couple of weeks ago at that 94 00:04:31,760 --> 00:04:35,880 Speaker 2: briefing for industry. So I feel pretty confident. I haven't 95 00:04:35,880 --> 00:04:38,320 Speaker 2: seen the document as yet, but the fact that the 96 00:04:38,400 --> 00:04:41,240 Speaker 2: chiefs prepared to release it all myst straight away says 97 00:04:41,279 --> 00:04:44,520 Speaker 2: he must be pretty confident too. So we're a little 98 00:04:44,520 --> 00:04:45,960 Speaker 2: bit excited about what comes next. 99 00:04:47,040 --> 00:04:50,880 Speaker 1: Yeah, look, I agree, you know, I hope that we're 100 00:04:50,880 --> 00:04:54,360 Speaker 1: in for a bit of a change, and I know 101 00:04:54,440 --> 00:04:56,680 Speaker 1: that when we caught up with Andrew Liveris a couple 102 00:04:56,720 --> 00:04:58,839 Speaker 1: of weeks ago on the show as well, he did 103 00:04:58,880 --> 00:05:01,680 Speaker 1: say that a big part to this it is going 104 00:05:01,720 --> 00:05:04,039 Speaker 1: to be, you know, once they hand this document over 105 00:05:04,120 --> 00:05:06,400 Speaker 1: to the government, then it is down to the government 106 00:05:06,480 --> 00:05:09,400 Speaker 1: to make sure that it is delivered and make sure 107 00:05:09,560 --> 00:05:12,080 Speaker 1: that our public servants sort of have a bit of 108 00:05:12,080 --> 00:05:15,760 Speaker 1: a mindset change to really speed things up and get 109 00:05:15,800 --> 00:05:16,440 Speaker 1: things moving. 110 00:05:17,720 --> 00:05:21,000 Speaker 2: I agree, and you Andrew is a great leader, and 111 00:05:21,080 --> 00:05:24,960 Speaker 2: the way he puts his position acriss is fantastic so again, 112 00:05:25,000 --> 00:05:27,520 Speaker 2: that's one of the reasons we feel confident in this process. 113 00:05:28,040 --> 00:05:30,400 Speaker 2: But that's the public part of it. The really hard 114 00:05:30,440 --> 00:05:34,440 Speaker 2: grind is actually making it happen, and that challenge falls 115 00:05:34,480 --> 00:05:38,599 Speaker 2: to our public service. I know that the senior leaders 116 00:05:38,640 --> 00:05:41,800 Speaker 2: inside the public service understand this, but it will be 117 00:05:41,800 --> 00:05:45,120 Speaker 2: interesting to see how much change is required because I 118 00:05:45,120 --> 00:05:47,200 Speaker 2: think Paul Henderson was saying, we just have to be 119 00:05:47,920 --> 00:05:50,880 Speaker 2: the best place in Australia to invest, if not our region, 120 00:05:51,640 --> 00:05:54,720 Speaker 2: and that will require some change. You would have spoken 121 00:05:54,760 --> 00:05:57,080 Speaker 2: to plenty of investors who tell you we're not anywhere 122 00:05:57,160 --> 00:06:01,400 Speaker 2: near that right now. So that's the challengeation and execution. 123 00:06:01,720 --> 00:06:04,560 Speaker 1: Yep, Dave. I've got a text message here from one 124 00:06:04,560 --> 00:06:06,560 Speaker 1: of our listeners and it says, could you please ask 125 00:06:06,640 --> 00:06:10,400 Speaker 1: Dave if he's hoping for grant funding for energy efficiency 126 00:06:10,480 --> 00:06:14,520 Speaker 1: upgrades to buildings to simulate the economy in the Territory 127 00:06:14,680 --> 00:06:17,360 Speaker 1: Economic Reconstruction Report. 128 00:06:19,640 --> 00:06:21,560 Speaker 2: I don't think that they'll get down to that detail, 129 00:06:21,640 --> 00:06:23,960 Speaker 2: to be honest. I think they'll be trying to set 130 00:06:24,040 --> 00:06:27,080 Speaker 2: up the medium to long term plan. But are you 131 00:06:27,200 --> 00:06:28,679 Speaker 2: one thing you can be sure of at the moment, 132 00:06:28,839 --> 00:06:32,679 Speaker 2: there's a lot of grants, yeah, available to business right now. 133 00:06:33,360 --> 00:06:36,240 Speaker 2: The Chief Minister announced some new ones in the budget recently. 134 00:06:37,000 --> 00:06:38,640 Speaker 2: I haven't gone through the whole list, to be honest, 135 00:06:38,680 --> 00:06:40,440 Speaker 2: so you've caught me on the half of the little but 136 00:06:40,920 --> 00:06:42,719 Speaker 2: you should be able to find a grant for anything 137 00:06:42,760 --> 00:06:44,200 Speaker 2: you want to do right now, to be honest. 138 00:06:44,360 --> 00:06:46,440 Speaker 1: Yeah, no, that's all right. We'll see if we can 139 00:06:46,680 --> 00:06:49,360 Speaker 1: find something out. But obviously you know one of our 140 00:06:49,400 --> 00:06:52,680 Speaker 1: listeners is keen on finding out about that energy efficiency 141 00:06:52,680 --> 00:06:55,040 Speaker 1: and those upgrades. So I think it's an interesting discussion 142 00:06:55,040 --> 00:06:58,200 Speaker 1: to have Dave Malone. We'll see what comes out of 143 00:06:58,200 --> 00:07:00,559 Speaker 1: this report. The SAVO. We might be to talking again 144 00:07:00,680 --> 00:07:05,400 Speaker 1: very soon you too. Thank you. That is Dave Malone. 145 00:07:05,400 --> 00:07:08,520 Speaker 1: There are the head of Master Builders here in the 146 00:07:08,560 --> 00:07:09,520 Speaker 1: Northern Territory.