Body Corps to Have the Power to Ban Airbnb, Stayz Under New Victorian Levy

Published on August 27, 2024

The Victorian Parliament is set to debate the Short Stay Levy Bill 2024, which was introduced on Aug. 27. The legislation proposes a 7.5 percent levy on short-stay accommodation bookings, including those made through platforms such as Airbnb and Stayz, effective Jan. 1, 2025. The Allan Labor government contends that this move will help address the housing crisis. “Short-stay rentals reduce the number of properties available for longer-term accommodation for families who need a place to live. There are around 63,000 short-stay accommodation places in Victoria, with nearly half of these in regional Victoria. Almost 50,000 of those places are entire homes that are not available for long-term rental,” claimed a statement released by the government....

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