Queensland first-home buyers grant costs government $639 million in six years

PHOTO: Nearly 8500 first-home buyers from Brisbane have received a Queensland government First Home Owners’ Grant since July 2012. Photo: iStock

More than $639 million has been handed out to nearly 40,000 first-home buyers in Queensland since 2012, new figures reveal.

The Queensland government detailed its spending on First Home Owners’ Grants (previously known as Great Start Grants) in a recent question on notice, which showed that 37,581 first-home buyers have taken advantage of the incentive over the past six years, costing the government $639.1 million during that time.

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