THE State Government has made abolishing stamp duty on new homes for first home buyers its top priority when Parliament resumes this month, delivering a major cost-of-living relief measure for Queenslanders.
Premier David Crisafulli announced recently that the Revenue Legislation Amendment Bill 2024 will be the first piece of legislation debated, fulfilling a key election promise and easing the state’s housing crisis.
The move will pave the way for thousands of first home buyers to save on upfront transaction costs, unlocking home ownership for more Queenslanders, while also boosting housing supply across the State.
“We are unlocking more homes for more Queenslanders, more quickly,” Premier Crisafulli said.
“For far too long, stalling housing approvals and skyrocketing housing prices have shut the door on Queenslanders walking into their own home.”
