Welcome to Pinnacle News
As we head into our winter months, we have yet again been impacted by the lasted COVID-19 lock down. Whilst this has forced several small businesses to close, the residential building industry is extremely fortunate to be able to continue working during such difficult times.
This is largely due to the federal governments HomeBuilder grants, which has recently seen the deadline extended to begin the construction program by an additional 12 months. This means there is now 18 months to commence construction. This is a year longer than previously allowed.
Applications closed on the 14th of April 2021, however, applicants have until 30 April 2023 to submit all supporting documentation (such as invoices for work done, and proof that construction has commenced) to their State or Territory Revenue Office.
Following this Government-funded boom in the building industry, the timber shortages continue to be a major concern for many builders. The supply situation is only getting worst, with the delays in timber supply beginning to affect the progress on job sites.
Please also be aware that from 12 July 2021, the NSW Government has advised that all workplaces and retail business must use the NSW Government QR code to check in all visitors. This includes our customers / clients, staff, contractors, and delivery drivers. This is the most effective way to help contact tracers keep us all safe. We thank you in advance for your help and assistance in following this process. For Further information please visit the NSW Government web page.
On a positive note, or current projects are continuing to progress nicely, with our first floor additions in both Como and Oyster Bay reaching fit-out stage, our new build in Loftus is locked up and our latest project in Oyster Bay has had all of the foundation slabs completed and wall frames have begun going up.
Finally, we would like to thank you for your ongoing support and hope that you and your families remain safe and well.
Cheers from
The Pinnacle Building Team
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