Tuesday, 27 August 2024
Bills
Short Stay Levy Bill 2024
Bills
Short Stay Levy Bill 2024
Introduction and first reading
That I introduce a bill for an act to impose a levy in relation to the provision of short-stay accommodation, to amend the Owners Corporations Act 2006 and the Taxation Administration Act 1997 and for other purposes.
Motion agreed to.
Brad ROWSWELL (Sandringham) (12:05): I request of the Assistant Treasurer a short explanation of the bill.
Danny PEARSON (Essendon – Minister for Transport Infrastructure, Minister for the Suburban Rail Loop, Assistant Treasurer, Minister for WorkSafe and the TAC) (12:05): The bill will deliver on the government’s commitment made as part of the housing statement to introduce a 7.5 per cent levy on short-stay accommodation bookings from 1 January 2025. The levy will boost supply of long-term rentals and provide funds which will be used for social and affordable housing.
Read first time.
Ordered to be read second time tomorrow.