Federal rules, Queensland detail. Credit licensing is national, so a broker in Carindale answers to the same National Consumer Credit Protection Act as one in Perth: the best interests duty, a Credit Guide, licence numbers that match ASIC's registers, and a comparison rate wherever a home loan rate is advertised. Our main mortgage broker page covers those, and our Sydney broker page shows how a state's own duty rules change what a site needs. In Brisbane that state layer is Queensland duty, the Queensland grant and a state equity scheme, and the details keep moving.
Transfer duty and the grant. For an established first home, the Queensland Revenue Office's first home concession (opens in a new tab) means no duty at $700,000 or less for agreements from 9 June 2024, and a reduced amount for homes valued under $800,000; QRO's own worked example puts the duty on a $730,000 home at $6,555. A first home buyer signing on or after 1 May 2025 for a new home or residential vacant land pays no duty on the home and its residential land, whatever the value. The First Home Owner Grant is $30,000 for a new home valued under $750,000 including land, and the 2026 state budget kept that increased amount for eligible contracts signed from 1 July 2026. Then, for transactions entered into from 1 August 2026, those concessions are limited to Australian citizens, permanent residents and specified foreign retirees. A broker's site shouldn't try to restate all of it: name the concessions, link QRO's transfer duty estimator (opens in a new tab), and print the date you last checked.
Three low-deposit routes with different front doors. The federal 5% Deposit Scheme caps prices at $1,000,000 in Brisbane and in the two Queensland regional centres it lists, the Gold Coast and the Sunshine Coast, and at $700,000 in the rest of the state. Since the 1 October 2025 changes it has no income caps or waitlists and buyers pay no lenders mortgage insurance, and they apply only through a participating lender. Queensland's Boost to Buy (opens in a new tab) takes an equity share of up to 30% in a new home or 25% in an existing one, with a 2% deposit, a purchase price of $1 million or less, and income limits of $155,000 for a single adult and $232,000 for two. One lender, Unity Bank, takes part, and Treasury's page, last updated on 30 September 2026, says South East Queensland's round 2 allocations are exhausted. Places go by where the property is, not where the buyer lives, and Treasury's regional allocation guideline (opens in a new tab, PDF) counts the Brisbane, Ipswich, Logan–Beaudesert and Moreton Bay regions, plus the Gold Coast and Sunshine Coast, as South East Queensland, while Toowoomba and the Darling Downs are regional. So for now a home in greater Brisbane can't get a place, but a Brisbane client buying in Toowoomba might. The state's own Housing Finance Loan, with deposits from 2% and a household income limit of $141,000, is applied for directly through the Queensland Government's housing department. A schemes page that says which of these you can help with, which you can't and where each one stood when you last checked does more for a borrower than a row of logos.
Signing a contract in Queensland. The state's cooling-off rules (opens in a new tab) give a buyer on the standard contract five working days, starting the day they receive a copy signed by both sides and ending at 5pm on the last day, and a buyer who pulls out can be charged up to 0.25% of the price. There's no cooling-off at auction, or on a private contract a registered bidder signs within two working days of an unsuccessful auction, and the government's auction guide (opens in a new tab) says the terms usually require an unconditional bid. The same advice suggests insuring the home from the contract date in most cases, and in Brisbane the flood question comes up early: Brisbane City Council's Flood Awareness Map (opens in a new tab) gives general flood information for an address, though only inside the Brisbane council boundary. On a broker's site that becomes a short “before you sign” page with those links and the signing-date question on the enquiry form, rather than anything resembling legal advice.
Working with us from Brisbane. We're an Adelaide team on Hutt St and work with Queensland businesses by phone and email; our clients there include a dance school at Thorneside on the bayside and a Queensland plumber and gas fitter. We haven't built a broking site yet, and we'd rather you heard that from us. Your licensee's compliance team can go through the draft link before launch, and nothing is owed until you approve the site.