Queensland Treasury
Queensland Budget 2025-26 · Crisafulli Government
As at budget day (2025-06-10)
Key service areas
Budget initiatives
Exemption of general practice from payroll tax to support GP access and reduce cost pressures on medical practices.
Helps keep local GP clinics open and reduces the risk of doctor shortages in your area. The payroll tax exemption for general practices removes a cost that was threatening the viability of bulk-billing clinics, particularly in regional and outer-suburban areas.
Revenue foregone, 2025-26 budget year within 5-year total
Shared equity home ownership scheme where the government co-invests up to 30 per cent equity for new builds and 25 per cent for existing homes, helping up to 1,000 first home buyers with deposits as low as 2 per cent.
The government co-invests up to 30 per cent of the purchase price of a new home or 25 per cent of an existing home, so buyers need a much smaller deposit. Deposits can be as low as 2 per cent, with a home value cap of $1 million. Up to 1,000 places are available over the first two years, with registration of interest opening from 1 July 2025.
Equity investment (government takes equity stake in homes). Total $165M. Year-by-year profile not separately disclosed in BP4.
Abolishes stamp duty on all new homes for first home buyers purchasing newly built homes or vacant land on which to build, reducing the upfront cost of entering the housing market.
First home buyers purchasing a new home will no longer pay stamp duty from 1 May 2025, removing what is often the largest upfront transaction cost after the deposit. This applies to newly built homes and vacant land to build on, easing the path to home ownership for first-time buyers.
Revenue foregone, 2025-26 budget year within 5-year total
Extension of the 50% payroll tax rebate on wages of apprentices and trainees until 30 June 2026.
Encourages businesses to hire and train more apprentices by extending the 50 per cent payroll tax rebate on apprentice and trainee wages for a further 12 months to 30 June 2026. The $58.1 million rebate applies to businesses with annual Australian taxable wages of $1.3 million and above.
Revenue foregone, 2025-26 budget year only
Funding for social enterprises that deliver community outcomes alongside economic returns, managed by the Office of Social Impact within Treasury.
Supports businesses that help solve social problems like homelessness, disability employment and environmental sustainability. The Social Entrepreneurs Fund provides grants and support to enterprises that deliver both commercial returns and community benefit.
General Government operating, $20M per annum over 4 years plus $20M per annum ongoing
Administrative changes to improve processing of applications for ex gratia relief from additional foreign acquirer duty and land tax foreign surcharge, supporting housing supply.
Faster processing of foreign investment relief applications so eligible home buyers are not unfairly penalised. Streamlining the ex gratia process reduces delays for applicants who qualify for relief from the foreign surcharge.
Revenue foregone, total over 4 years from 2025-26
Extension of the temporary $15,000 boost to the First Home Owner Grant for 12 months until 30 June 2026, bringing the total grant to $30,000.
First home buyers get $30,000 towards a new home — double the standard amount — with the boost extended for 12 months to 30 June 2026. Combined with the stamp duty abolition for new homes, this significantly reduces the upfront cost of buying a first home.
General Government operating, payments continue across forward estimates as applications are processed. $60.1M total over 4 years from 2025-26.
Rebate of up to $3,500 for eligible landlords towards the installation of solar panels on rental properties, reducing electricity costs for tenants.
Renters benefit from solar panels installed by landlords who receive government rebates. The $26.3 million Supercharged Solar for Renters program reduces electricity bills for tenants who otherwise cannot access rooftop solar.
General Government operating, total over 3 years from 2025-26. Additional $4.2M met internally for program delivery.
Forward estimates
Year-by-year allocations for 7 measures with published forward profiles.
| Measure | 2024-25 | 2025-26 | 2026-27 | 2027-28 | 2028-29 | Total |
|---|---|---|---|---|---|---|
| Payroll Tax Exemption for GPs | $9.0M | $123.5M | $129.0M | $135.0M | $141.0M | $537.5M |
| Transfer Duty Abolition for First Home Buyers (New Homes) | $7.0M | $47.0M | $47.0M | $47.0M | $47.0M | $195.0M |
| Apprentice Payroll Tax Rebate Extension | — | $58.1M | — | — | — | $58.1M |
| Social Entrepreneurs Fund | — | $20.0M | $20.0M | $20.0M | $20.0M | $80.0M |
| Streamlining Foreign Surcharge Ex Gratia Relief | — | $19.0M | $16.0M | $6.0M | $6.0M | $47.0M |
| First Home Owner Grant Boost Extension | — | $47.0M | $10.5M | $1.6M | $1.0M | $60.1M |
| Supercharged Solar for Renters | — | $8.8M | $8.8M | $8.8M | — | $26.3M |
| Total | $16.0M | $323.4M | $231.3M | $218.3M | $215.0M | $1.00B |
Performance metrics
Service standards from the Service Delivery Statement. Targets and actuals as published.
| Metric | Prior target | Actual | Target |
|---|---|---|---|
| 2024-25 | 2024-25 | 2025-26 | |
| Overall stakeholder satisfaction with economic and statistical services | ≥80% | 84% | ≥80% |
| Cost per hour of economic advisory, policy, statistical and demographic services | $116 | $118 | $119 |
| Overall stakeholder satisfaction with fiscal advisory, policy and reporting services | ≥80% | 78% | ≥80% |
| Cost per hour of fiscal advisory, policy and reporting services | $142 | $145 | $145 |
| Overall stakeholder satisfaction with agency performance services | ≥80% | 71% | ≥80% |
| Cost per hour of agency performance services | $118 | $121 | $121 |
| Number of electricity and gas retail authorisation holders operating in Queensland | 35 | 34 | 35 |
| Average time (business days) to process energy retail authorisation applications | 5 | 3.3 | 5 |
| Proportion of Financial Provisioning Scheme members compliant with the estimated rehabilitation cost decision | ≥80% | 89% | ≥80% |
| Overall stakeholder satisfaction with commercial and investment services | ≥80% | 85% | ≥80% |
| Cost per hour of commercial and investment services | $150 | $153 | $155 |
| Percentage of revenue administered on behalf of the state collected in accordance with the due date | ≥95% | 95% | ≥95% |
| SPER clearance rate (total value of debt finalised or referred to enforcement action as a proportion of total debt referred to SPER) | ≥80% | 75% | ≥80% |
| Cost to administer $100 of revenue | ≤$0.97 | $0.89 | ≤$0.97 |
Source: Service Delivery Statement. Prior target and actual are for 2024-25; target is for 2025-26.
Source document
Service Delivery Statement — Queensland Treasury (PDF)Last updated: 2026-05-26. Factual information from published budget documents.