State Budget 2026

The Queensland State Budget included the following revenue measures and benefits.

• First home owner grant
  • The $30,000 first home owner grant will be continued for eligible contracts signed from 1 July 2026 going forward.
• Transfer duty
  • Buyers purchasing a home, first home or vacant land on which to build their first home will be required to be Australian citizens, permanent residents or specified foreign retirees to be eligible for a transfer duty home concession. This will apply to transactions entered into from 1 August 2026 (inclusive).
• Payroll tax
  • The apprentice and trainee rebate will be extended to 30 June 2027.

Details on these changes will be available once legislation has been passed and receives Royal Assent. For more information, see the Budget website.