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Short Term Holiday Letting

  • August 25, 2017

Short Term Holiday Letting

The NSW Government is calling on industry to provide input to the Options Paper on Short Term Holiday Letting (STHL).

There has been rapid growth of the STHL industry over recent years and it is now estimated to be worth in excess of $30 billion across Australia. This growth has been sparked by the emergence of streamlined, user-friendly online platforms such as AirBnb and Stayz and a market for shared accommodation.

The Options Paper represents the next step in determining the most effective way for the NSW Government to respond to the growth of this industry.

The Property Council is consulting with the NSW Hotels Committee and the Residential Committee to inform a submission to the Government. Issues that we are discussing include:

  • Can the current planning regulation accommodate a growing STHL industry?
  • Should STHL be registered?
  • Are STHL amenities and safety regulations adequate?
  • When does STHL become a commercial enterprise?

We are also seeking broader feedback from our membership. If you would like to provide input please contact Tim Wheeler, Senior Policy Advisor.

You can find the Options Paper here.