Today, Peet announced its results for the financial year ended 30 June 2021, achieving an operating profit and statutory profit after tax of $28.5 million, an increase of 89% and 195%, respectively on the previous year.
On 17 April 2021, the Federal Government announced that the construction commencement requirement for its Homebuilder program is being extended from six months to 18 months for all existing applicants.
Today, Peet announced its results for the half year ended 31 December 2020, achieving an operating profit and statutory profit after tax of $10.1 million, up 101% compared to the previous corresponding period.
On 29 November, the Federal Government announced an extension to its popular HomeBuilder program. The incentive is designed to stimulate the residential construction industry by encouraging the commencement of new builds and renovations.