News
Posted on 20 March, 2020 in Local news

Home Improvement Scheme 2020. The Territory's COVID-19 Recovery Plan

Home Improvement Scheme 2020. The Territory's COVID-19 Recovery Plan

A new $30 million Home Improvement Scheme will help stimulate the economy and keep Territorians in jobs.

It’s part of the Territory Government’s Rescue and Recovery plan in response to COVID-19.

The scheme will help fast track around 5,000 screwdriver-ready projects in Territory homes. This means that projects are physical improvements to land and / or buildings, and repairs and maintenance services. Solar PV panels and solar PV install are excluded.

The scheme operates on a voucher system, with homeowners receiving either:

  • a voucher worth $4,000 if they contribute at least $1,000 of their own money, or
  • a voucher worth $6,000 if they contribute at least $2,000 of their own money.

Homeowners and tradies are required to practice social distancing during the planning for and delivery of the renovation works. If either party is unwell, they will need to put the works on hold until either or both are well.

Homeowners eligibility

Northern Territory (NT) homeowners are eligible to apply for one property. This includes owner-occupiers and investors. Owners of multiple properties can carry out improvement works to one home only. If a property has more than one owner, only one can apply under the scheme.

Each voucher is valid for a period of three months and can be used to complete one or two jobs.

All applicants must be residents of the NT.

This scheme only applies to homeowners under a free-hold tenure or long term lease-hold, which is treated as though it were free-hold.

The full terms and conditions will be available online on 30 March 2020.

How to apply

From Monday 6 April 2020 you will find a list of tradies and businesses taking part on this website.

Select a tradesperson from the list and contact them for a quote. Once you have selected your preferred quote, apply online to receive a unique voucher.

Once the work is done, you must pay the tradesperson for the work, using the voucher as part payment. You must give your voucher to the tradesperson so that they can be paid by the Department of Trade, Business and Innovation.

Get a printable copy of the Home Improvement Scheme fact sheet PDF (120.5 KB).

Subscribe to updates

Keep up with the latest home buyer news, designs and special offers. Don’t worry, it’s spam free and you can unsubscribe at any time.