TAA keeps unregulated short-term accommodation in the spotlight
March 30, 2016
One of the most significant Parliamentary inquiries into the burgeoning unregulated short-term accommodation sector held public hearings in NSW this month.
The Committee is looking into the ‘Adequacy of the regulation of short-term holiday letting in NSW’, and TAA organised a united voice by accommodation operators to make a strong stand on the need for increased regulation of commercial operators. A key fact put to the Committee was that of the 16,000+ listings by Airbnb in Sydney, over 60% were for full houses or apartments, according to the investigative site, Inside Airbnb – in other words, there was no “sharing” involved, despite the unregulated short-term operators focusing on the “share” aspect of their business.
A meeting is being held with the Commission of Taxation to review the adequacy of tax collection.