First Home Owners Can Get Up to $30,000 Grant; Public Transport Fares Capped at 50 Cents; Temporary Residents Lose Transfer Duty Concessions
Revenue (Cost of Living Relief Locked-in Law) and Other Legislation Amendment Bill 2026
Introduced by: The Hon David Janetzki MP (LNP)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Eligible first home owners can receive a grant of up to $30,000 for a new home from 1 July 2026.
To get transfer duty concessions for homes, first homes, or vacant land for a first home, buyers must be an Australian citizen, a permanent resident, or a specified foreign retiree. Temporary residents are no longer eligible for these concessions from 1 August 2026.
The Chief Executive of the Department of Transport and Main Roads must ensure that fares for specific public transport services are capped at 50 cents. This includes Translink buses, Queensland Rail city trains, Gold Coast light rail, and certain ferries and regional urban buses.
The Brisbane Airport Rail Link is excluded from the 50 cent fare cap.
Employers can claim a 50 per cent payroll tax rebate for wages paid to apprentices and trainees for the financial year ending 30 June 2027.
The date range for calculating certain payroll tax rebates is extended to include the year 2027.