Airbnb says the Victorian government’s planned 7. 5 per cent levy could push potential visitors to spend their holidays outside the state, steering business away from regional areas.
The short-stay platform warned on Wednesday the tax would do little to drive its stock of mostly holiday homes into the longer-term private rental market.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
