- The Crisafulli Government delivers cost of living relief for Queenslanders by removing two taxes.
- Thousands of first home buyers expected to benefit from the scrapping of stamp duty on new builds.
- Queenslanders won't have to pay Labor's Patients' Tax when visiting the GP, supporting bulk billing for Queenslanders.
The Crisafulli Government is delivering real cost of living relief by axing two taxes, to put more money back in the pockets of Queenslanders.
Axing Labor's Patients' Tax will stop Queenslanders paying more when they visit their general practitioner, protect local health services and ease pressure on hospital emergency departments.
Thousands of Queenslanders will benefit from abolishing stamp duty on new builds for first home buyers, which will be implemented from 1 May, 2025.
Due to an increase in demand, Queensland Treasury predicts the move could deliver an additional 800 new homes and support thousands of Queenslanders to get into their first home.
Eligible first home buyers will save $9096 on a median-priced house-and-land package in Queensland.
Labor locked Queenslanders out of the housing market by failing to address the cost of living, or tackle housing affordability for a decade, resulting in Queensland recording the nation's lowest rate of home ownership of any state.
The Crisafulli Government is opening the door to home ownership for more Queenslanders and is delivering a place to call home.
The Government has already unlocked church and charity-owned land for additional community housing and enabled first homeowners to rent out rooms without financial penalty.
Treasurer and Minister for Home Ownership David Janetzki said the Crisafulli Government was delivering real cost of living action for Queenslanders.
"Thousands of young people who want to enter the housing market will save because of these initiatives," Treasurer Janetzki said.
"For too long this State has been at the bottom of the home ownership ladder, but we're unlocking the door for more Queenslanders."
Treasurer Janetzki said stopping Labor's Patients' Tax was part of the fresh start the Crisafulli Government was delivering for Queensland.
"Abolishing Labor's Patients' Tax will stop families paying more to see the doctor and ease pressure on our stretched hospital system," he said.
"GPs were calling for a stop to Labor's Patients' Tax and we've delivered just that."
REIQ Chief Executive Officer Antonia Mercorella welcomed the new laws designed to give a leg up to first home buyers in Queensland by removing financial obstacles and restraints.
"This will save first time buyers of new homes and land tens of thousands of dollars and lower the upfront financial hurdles to home ownership," Ms Mercorella said.
"Another sensible step backed by the REIQ is allowing first home buyers to rent out a room while keeping concessions – this not only supports home ownership but also helps address the need for rental supply."
