The Queensland Government is paving the way for both more affordable energy and easier pathways to home ownership, delivering measures designed to provide long-term relief for households.
The 2025-26 Budget sets out a new energy roadmap, with more than $5 billion allocated for state-owned businesses to invest across the energy supply chain. This includes a record $2.4 billion investment in the CopperString transmission project by 2028-29, $1.6 billion over five years to support the Electricity Maintenance Guarantee, and $435 million in 2025-26 to progress three pumped hydro projects.
The Government’s Supercharged Solar for Renters plan will provide rebates of up to $3,500 to eligible landlords for solar panel installation, helping around 6,500 households. Additional investments include CleanCo’s investigation of a new open-cycle gas turbine at Swanbank and Stanwell’s Lockyer Energy Project.
On the housing front, Queensland is focused on unlocking land for new homes, boosting ownership, and easing rental pressures. Measures include: extending the $30,000 First Home Owner Grant for new builds until the 30th of June 2026, saving first-time buyers thousands; the nation-leading Boost to Buy scheme, which offers a government equity contribution of up to 30 per cent for new homes and 25 per cent for existing homes; and abolishing stamp duty for eligible first home buyers, with savings in Brisbane North reaching almost $39,500 for a house and land package, and over $24,000 in Toowoomba.
First home buyers who receive a grant or transfer duty concession can also rent out a room in their new home without losing their benefits.
Together, these initiatives aim to provide Queenslanders with lower power bills and more opportunities to achieve the dream of home ownership, marking a generational shift in both energy and housing support across the state.
Queenslanders will benefit from lower energy bills and more opportunities for home ownership, thanks to new initiatives in the 2025-26 Budget. Photo source: Unsplash
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