The NSW government has released an Options Paper to address the rapid growth of the short term holiday letting industry. The short term holiday letting industry includes the rental of a room or entire residence, with or without the host present, and includes AirBnb properties. The Options Paper presents regulatory options, any of which would be standardised through NSW to manage the impacts of the industry growth. These options include: self-regulation, changing strata laws, regulation under the Environmental Planning and Assessment Act 1979, or a registration system. Submissions on the paper can be made until 31 October 2017.

Leave a Reply