An award-winning Victorian solar company has laid off just over half of its staff after the Victorian Government placed a temporary freeze on a solar panel rebate program.Solar installer Sky Energy Systems has laid off staff because work has dried upThe $1.3 billion solar homes package started last August and has been so popular that the rebates for this financial year have been fully subscribed.
There are currently over 30,000 applications in the system and 10,000 rebates have already been paid. Since the freeze on new applications came into effect, the work for solar installation companies like Sky Energy Systems of Melbourne has dried up. "Having no sales is like having no oxygen. You can't breathe. There's no business so it's devastating," Mr Hunt saidThe company employed 40 full-time staff in Keysborough and last year won a industry award as top installer.
That's what happens with government subsides, companies become welfare recipients. Enough is enough get governments out of peoples lives.
If you expand a company without knowing the size of the market you can expect a slice of, you will fail when the demand disappears 'unexpectedly'. The government would have told everyone the total subsidy pool available if asked. Did these people ask?
Jobs that the Coalition doesn't care about.
So once again we see an example of disingenuous people .. such a shame .. but also so very typical in Australia these days.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SkyNewsAust - 🏆 7. / 78 Read more »