Published on : Thursday, April 6, 2017
Australia’s peak accommodation body, Tourism Accommodation Australia (TAA), and Stayz, the largest Australian short-term rental platform, declared that they have struck a common position on regulation of short-term accommodation area in New South Wales.
Under this regulation:
• Introducing restrictions on short-term rentals in residential buildings in metropolitan areas in order to mitigate the effects that such rentals have on housing affordability and accessibility;
• Introducing measures to increase transparency and data-sharing across the entire accommodation sector in order to better inform government and industry planning;
• Limiting the regulatory impact on regional areas, where short term rentals play an important role in supporting local economies and promoting growth of regional tourism;
• Establishing measures to ensure environmental, health, safety and amenity issues are appropriately managed.
According to Carol Giuseppi, CEO of Tourism Accommodation Australia, “These measures would provide certainty for operators across the accommodation sector, and encourage investment, employment and sustainable growth in the visitor economy.”