Herald Sun — Tourism operators warn new tax will push up the price of holidays in the midst of a cost of living crisis
The Victorian government's new 7.5% Airbnb tax, aimed at addressing the housing crisis by encouraging property owners to shift from short-term to long-term rentals, is facing backlash. Research shows that over 90% of short-stay property owners plan to pass the tax onto holidaymakers rather than sell their investments, likely raising holiday costs, especially in coastal and regional areas. Critics, including the Victorian Tourism Industry Council and Airbnb Australia, argue the tax will harm tourism and fail to meet its goals. Additionally, concerns about its impact on accessible accommodations and potential unconstitutionality have been raised. Despite these issues, the bill is expected to pass.