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Short-term holiday letting policy given given green light

SHORT-TERM HOLIDAY LETTING POLICY GIVEN GREEN LIGHT

Short-term holiday letting will have tougher but fairer regulation from 2019, after the NSW Parliament passed the Government’s plan for the industry yesterday. 

Minister for Better Regulation, Matt Kean, said the short-term holiday letting reforms bolster NSW’s sharing economy while clamping down on unruly guests.

“Our plan is a win-win. It acknowledges the huge financial contribution online booking platforms make to the NSW economy, but also takes a zero-tolerance approach to raucous guests,” Mr Kean said.