Help to Buy (Commonwealth Powers) Bill 2024

Help to Buy (Commonwealth Powers) Bill 2024

This bill gives the Commonwealth Parliament the power it needs to establish the Help to Buy shared equity scheme in Queensland. The scheme will help up to 10,000 low to middle income Australians per year buy a home with as little as a 2 per cent deposit, with the Commonwealth contributing up to 40 per cent of the purchase price for new homes and 30 per cent for existing homes.