June 18, 2018
Hinchinbrook MP Nick Dametto has continued discussions with the State Government on making the first home owners grant available to those wishing to purchase established homes in regional Queensland.
Dametto recently put forward a briefing document to Deputy Premier Jackie Trad and Assistant Minister Glenn Butcher outlining the history of the scheme, comparison to other states and recommendations to broaden the scheme to better capture those living in regional Queensland.
Dametto said his follow up meeting with Assistant Minister Glenn Butcher last week went well.
“Glenn and the Deputy Premier certainly understand my issues with the current scheme and the way it discriminates against those first home buyers wishing to get into a home in regional Queensland,” said Dametto.
“It was a productive meeting and I put forward a compelling case. There is now a solid commitment from the Deputy Premier and the Assistant Minister to investigate the options laid out in my brief through the Treasury Department,” said Dametto.
“Obviously this is an important step to cost out the different options discussed and proposed impact it will have on the bottom line, however I believe the cost is only one element. If the Government truly wants to represent all of Queensland in these type of schemes, they need to acknowledge the needs of first home buyers and the unique circumstances of the real estate market in regional Queensland. The policy should also assist those living outside of the SE corner.”
“We have seen many examples in the past where a one size fits all mentality simply does not work.”
Dametto said other states have recognised this and have modified their first home owners grant schemes to include regional centres through a variety of measures. These could include a rebate on renovations made to established homes and a removal of stamp duty payable.
“Not a lot of new homes are being built in smaller regional centres, however there is a glut of established homes. Making the grant available for these homes will be a big attraction for younger people to remain in regional Queensland and help grow the regional economy.”
“This is an important issue to not only those living in KAP held electorates, but all those living in regional Queensland. I call on other MP’s in regional centres to support these changes. I won’t be letting go of this issue.”