New shared equity scheme for Queensland first home-buyers
- Queensland's 2025-26 budget introduces the Boost to Buy shared-equity scheme for eligible first home-buyers to assist with home ownership.
- The scheme responds to concerns about young people giving up on owning homes amid rising prices and a prolonged housing crisis in Queensland.
- Under the scheme, the government will contribute 30% equity for new builds and 25% for existing homes up to $1 million for about 1000 participants.
- The scheme will start accepting applications for its guarantee towards the end of 2025, with the government offering guarantees of up to $1 billion for eligible projects.
- Stakeholders welcomed the initiative as a timely step to improve housing supply, though some recommend better targeting to those least able to buy without support.
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Housing concession wars: Aus ‘most attractive’ handout revealed - realestate.com.au
In a daring move, an Aussie state is shaking up the housing concession wars, giving the ‘most attractive in the nation’ chance to house hunters to buy their first home.
·Cairns City, Australia
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Total News Sources12
Leaning Left2Leaning Right3Center2Last UpdatedBias Distribution43% Right
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- 43% of the sources lean Right
43% Right
L 29%
C 29%
R 43%
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