State treasurer says levy will help in ‘getting the balance right’ for mix of housing and prioritising long-term rentalsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Victorian government will grant local councils new powers to limit short-stay accommodation as it moves to introduce a 7.5% levy on properties listed on platforms like Airbnb and Stayz.The Allan government will on Tuesday introduce legislation for its nation-first levy – which some have dubbed the “Airbnb tax” – that will begin on 1 January 2025. Properties that are the owner’s primary residence will be exempt from the short-stay levy, as well as hotels, motels and caravan parks.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/australia-news/article/2024/aug/27/victoria-airbnb-tax-short-term-rental-accommodation-levy-laws-jacinta-allan
Author : Adeshola Ore
Publish date : 2024-08-27 02:51:06
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New powers for councils to cap short-term accommodation as Victoria moves to 7.5% ‘Airbnb tax’
