NSW considering following Victoria’s lead by taxing Airbnb revenue

NSW treasurer wants to stop ‘long-term rentals being pulled from the market and short-term rentals taking their place’ during housing crisis

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

The New South Wales government is considering following Victoria’s lead by imposing a tax on short-stay accommodation, including Airbnb, to help fund affordable housing.

The NSW premier, Chris Minns, and senior ministers said they were open to imposing a levy to boost revenue and encourage owners to put their properties back on the long-term market amid the ongoing housing crisis.

Continue reading…