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Short Stay Levy Bill: New tax on Airbnb, Stayz homeowners welcomed by Victoria’s property industry leaders

Press coverage 28 August 2024 Summary of published coverage
Short Stay Levy Bill: New tax on Airbnb, Stayz homeowners welcomed by Victoria’s property industry leaders

Victoria legislated a 7.5 per cent levy on short stay accommodation bookings from 1 January 2025, alongside powers for owners’ corporations and councils to restrict the practice, with revenue of up to $60 million a year directed to social and affordable housing. Tenant advocates and the REIV welcomed the prospect of homes returning to long-term leasing. PIPA described it as another impost, though on a small group of owners.

Reported by

Sarah Petty, News.com.au, 28 August 2024

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