Help to Buy scheme
Program / SchemeReferenced in 2 bills
Home Ownership and Other Legislation Amendment Bill 2026
This bill makes technical changes to Queensland's home grant and tax laws so that people buying through the Boost to Buy and Help to Buy shared equity schemes get the same stamp duty discounts, First Home Owner Grant and land tax exemption as other buyers, even though the government holds a share in their home. It also widens first home stamp duty relief, confirms certain 'builders' terms' homes are still new homes, and tidies up outdated references across five tax Acts.
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.