National Consumer Credit Protection Act 2009 (Cth)
LegislationReferenced in 2 bills
Property Law Bill 2023
This bill replaces Queensland's nearly 50-year-old Property Law Act 1974 with a modernised framework covering how property is bought, sold, leased, and mortgaged. It introduces a new statutory seller disclosure scheme requiring sellers to provide standardised information to buyers before contracts are signed, updates the law to support electronic conveyancing and digital transactions, and removes outdated provisions that no longer reflect modern property practice.
Help to Buy (Commonwealth Powers) Bill 2024
This bill enables the federal Help to Buy shared equity scheme to operate in Queensland by referring specific legislative powers to the Commonwealth Parliament. Under the scheme, the Australian Government will contribute up to 40 per cent of the purchase price for a new home or 30 per cent for an existing home, helping low to middle income earners buy a home with as little as a 2 per cent deposit. Queensland is the first state to pass this legislation.