THE Short Stay Levy Bill has been passed by parliament, and a 7.5% short-stay levy will be applied to short-term accommodation from 1 January 2025. But concern has been raised at the high contribution the peninsula will make to the levy, which will go towards funding affordable housing projects, and the small amount of funds to be spent back into the area.It is believed the Mornington Peninsula has over 4,500 homes listed on the Airbnb platform alone. It makes the peninsula the highest short-stay accommodation rental market in the state, dwarfing the Surf Coast (2,254) and City of Greater Geelong…
Sunday, December 22
