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Australia

Queensland first homeowner grant to double

Queensland’s first homeowner grant will double in an attempt to help at least 12,000 people break into the housing market.

The grant will rise from $15,000 to $30,000 from November 20 until mid-2025.

The move is facing criticism for its potential to send house prices soaring in an already inflated market.

The Palaszczuk government says the $210 million increase will not be inflationary.

Ms Palaszczuk said access to more houses takes pressure off existing stock.

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