Home Owner Grant / 1 posts found

Labor Crushes First Homeowner Dream

by Ted Sorensen
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LNP Deputy Leader and Shadow Treasurer Tim Mander is warning the dream of owning a home could be crushed with new taxes and grant cuts adding about $8000 to the bottom line. Mr Mander said Labor Treasurer Jackie Trad cut the First Home Owners’ Grant from $20,000 to $15,000 in last week’s State Budget. “Ripping away $5000 from potential new home owners is not what Queenslanders need to deal with right now,” Mr Mander said. “Labor’s new waste tax and an increase to land taxes will also add about $3000 to cost of building a home. “That’s effectively $8000 added […]