Question on Notice 81/2026: Ground Lease Model (GLM) program

Topic

Ground Lease Model (GLM) program

Question

With reference to the Deputy Premier’s social media post on Facebook on 29 January 2026, where the Deputy Premier stated that ‘Labor’s Ground Lease Model (GLM) program would’ve cost Queenslanders more than $1.7 billion for just 715 dwellings… $2.4 million per dwelling’— Will the Deputy Premier advise (a) what date the KPMG report referred to in that post was provided to the Crisafulli LNP Government, (b) what time period the $1.7b figure referred to in that post is based on, including the number of years over which the payments are assumed to be made (e.g. 40 years), (c) whether the $1.7b figure represents the total nominal value of payments made by the State over that full period, rather than the upfront cost of constructing the dwellings and (d) whether the $1.7b figure includes, in addition to construction, financing costs, private sector returns, ongoing maintenance and operations, lifecycle repairs and renewals, land acquisition, and inflation over that period?

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