State treasurer says levy will help in ‘getting the balance right’ for mix of housing and prioritising long-term rentals
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The 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.
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