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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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Sydney Morning Herald broke the news in Sydney, Australia on Tuesday, June 24, 2025.
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