On Tuesday, 29 July 2025 during Estimates hearings, I asked the Treasurer about the government's Boost to Buy scheme.
You can read my question and the Treasurer's response in full below, or in the official Parliamentary record of proceedings (Hansard) here.
Mr BERKMAN: Treasurer, you will recall that in your budget speech you referred to the up to 1,000 dreams that might be realised through the Boost to Buy scheme, but you have told us today that more than 11,000 people have expressed interest in the scheme within less than a month. Can you confirm for us that the scheme will be limited to no more than 1,000 Queenslanders and do you appreciate that that 1,000 dreams represents about 0.05 per cent of the 1.8 million Queenslanders who are currently renting?
Mr JANETZKI: I said at the time that my aspiration was that the program would be oversubscribed and that the registration of interest would be oversubscribed. The great news is that it is. The scheme will be expanded. Obviously, for those 11,000 expressions of interest there will be applications and criteria that they need to go through. There is still going to be a need for credit eligibility criteria to be met. If they are seeking loans there will need to be evidence of the two per cent savings for the deposit.
We will need to ensure that they are within the threshold and they meet the other qualifying criteria. It is exciting to see so many people interested. I am very pleased to see the interest in the program. I note what you say. It is just the beginning. That is why it is an important part of our policy platform. It is something that we are dedicated to. The scheme will be expanded, absolutely. The level of interest demands it. I obviously said in the budget that there is $165 million for it. It will be expanded. We will get through the process of registering interest and then the official application process will begin and we will start to see those applications processed.