LNP blueprint to boost dwindling home ownership rates
After a near-decade of housing neglect from the Palaszczuk Government, the LNP has announced its plan to get more Toowoomba residents into their own home.
The latest Census data has revealed the home ownership rate in the Toowoomba region was 63.3%.
| Region | Owned Total |
| Toowoomba | 63.3% |
| Queensland | 63.5% |
| Australia | 67% |
Shadow Minister for Home Ownership and Toowoomba South MP David Janetzki said Queensland has the lowest home ownership in the nation and the home ownership rate in Toowoomba was even lower.
“The Great Australian Dream is becoming a nightmare in Toowoomba,” Mr Janetzki said.
“Queensland is last on the national home ownership ladder – with Toowoomba lagging even further behind.
“Only the LNP has the Right Priorities for Queensland’s Future, including securing our housing foundations.
“Our priority is helping Queenslanders realise their dream of owning their own home.
“We are considering all options to help Queenslanders into home ownership including tax relief, incentives and land supply with the necessary infrastructure to accommodate a growing population.
“We will prioritise building an incentive framework to support home ownership, examining areas including first home-owner grants and shared responsibility schemes.”
Toowoomba North MP Trevor Watts said Labor had the wrong priorities for Queensland’s Future and Toowoomba was paying a high price.
“While it might not be everyone’s dream to own a home, everyone should have the choice and an LNP government will make it more achievable for every Toowoomba resident who wants to,” Mr Watts said.
“Under Labor, it has become increasingly difficult for the next generation to own a home.
“The LNP is committed to reversing that trend and giving young people the chance to get into their own home.”
SOURCE: 2021 Toowoomba, Census All persons QuickStats | Australian Bureau of Statistics (abs.gov.au)