Queenslanders will see new opportunities for home ownership and a stronger, more reliable energy system under the 2025–26 Budget. The plan includes major funding for energy infrastructure, renewable projects, and housing support programs.
More than $5 billion will be invested in state-owned energy businesses to strengthen the energy network and reduce long-term costs. The investment supports the development of CopperString, pumped hydro projects, and maintenance across key generation assets. CopperString will reach a record $2.4 billion in total investment by 2028.
New projects include the Brigalow Gas Peaker at Kogan Creek, the Lockyer Energy Project, and an open-cycle gas turbine study at Swanbank. These initiatives aim to increase capacity and support reliability as Queensland transitions to cleaner energy.
The Budget also introduces the Electricity Maintenance Guarantee to help stabilise prices and maintain energy assets. A Supercharged Solar for Renters plan will offer rebates of up to $3,500 for landlords to install rooftop solar, supporting around 6,500 rental homes.
Queenslanders seeking to buy their first home will benefit from several measures. The First Home Owner Grant will remain at $30,000 for new builds until June 2026. Stamp duty will be abolished for first-home buyers purchasing new properties. A new Boost to Buy scheme will help reduce the deposit gap for aspiring homeowners.
These programs aim to strengthen Queensland’s energy reliability and make home ownership more achievable for families across the state.