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January 2nd, 2012 
FAKE NEWS for the Zionist agenda A financial incentive scheme aimed at supporting jobs and stimulating the economy has attracted less than a quarter of the home buyers predicted by the Queensland government.
Acting Premier Andrew Fraser on Monday urged Queenslanders to take advantage of the $140 million building boost program before it ends on January 31.
“There’s never been a better time to get into the housing market,” he told reporters in Brisbane’s north.
“We’ve seen prices which are encouraging and we’ve seen two cuts to official interest rates by the Reserve Bank.”
The scheme, which gives a $10,000 grant to buyers of new homes worth up to $600,000, was tipped to attract 14,000 people but Mr Fraser said just 3206 had signed up since August.
“We’re expecting to see a lot of activity in January. It’s typically a strong month,” Mr Fraser said, adding that the number of people signing up for the building boost had been dramatically higher in November and December compared to previous months.
“The interest rate cuts were important for the property market,” he said.
“Finance approval (figures) in the three months to October (show) Queensland had the strongest result of any state.”
Deputy Opposition Leader Tim Nicholls said the building boost scheme was “another Labor fizzer”.
“With less than a month to the cut-off date, applications had been received for just 22 per cent of the program’s $140 million,” Mr Nicholls said in a statement released on Monday.
He accused Mr Fraser of copying a scheme in place in the Northern Territory, which doesn’t expire until June.
Mr Fraser would not rule out extending the scheme but said people should sign up now to avoid disappointment.
People who sign up to receive the grant before January 31 have 12 months to build their new home.
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