Victoria’s New Policy To Levy 7.5% Airbnb Tax, Empowers Councils To Block Short-term Stays

Victoria’s New Policy To Levy 7.5% Airbnb Tax, Empowers Councils To Block Short-term Stays

The Victorian government has decided to introduce a 7.5% tax on properties listed on Airbnb and Stayz, starting Jan.1, 2025, and permit local councils to ban or limit short-stay accommodations. The state government introduced a legislation on Tuesday, imposing a 7.5% tax, dubbed as nation-first levy, on revenue from short-term stays booked for less than … Read more