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QLD Real Estate Concessions ‘Helping Lower Cost of Living’

By David Bell

Real estate policies aimed at reducing the cost of living for Queensland's residents have been successful, state premier Campbell Newman has claimed.

This could spell good news for those seeking real estate in Rockhampton, with Mr Newman highlighting several initiatives that are helping homeowners across Queensland.

According to the premier, a key way of lowering cost of living has been reintroducing the Principal Place of Residence scheme.

This provides stamp duty concessions for those hoping to purchase a new house, with buyers able to save up to $7,000 for an average family home.

"Easing the financial burden on families was one of our key election commitments and I'm proud that we have been able to deliver," Mr Newman explained.

And the politician described a number of other household expenses that have been tackled in an effort to make life more affordable for Queensland residents.

This included a freeze on the electricity tariff for 12 months – a move estimated to have provided average savings of $120 for more than 1.2 million energy customers.

"The cost of living soared under Labor and it was important that we acted quickly to bring this under control," the premier added.

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