New South Wales today took another step in solidifying its crown as Australia's top nanny State with the release of the Options Paper on Short Term Rental Accommodation.
The Australian Taxpayers’ Alliance, a grassroots advocacy group representing Australia’s taxpayers, condemned the Options Paper as further evidence of a disturbing trend by the New South Wales Government to over-regulate and stifle our growing economy. “This Paper goes completely against the Government’s commitment to reduce red tape, endorses significant violations of private property rights, and will make it harder for people renting holiday homes or to take advantage of room sharing via the sharing economy,” said Satya Marar, Director of Policy at the Australian Taxpayers’ Alliance.
"You can forget about your traditional family holiday by the beach if these options are adopted. Arbitrary caps on the number of days a holiday house is allowed to be rented out make no sense." "Often people have purchased a property deliberately as a holiday home, or sometimes it's been in families for generations. All of a sudden the Government wants to come along and say you can't do that now, we are going to cap the number of days you can rent it out for, and make you pay fees and impose more red tape. It is ridiculous. "Private property rights are fundamental to our modern economy.
There is no reasonable justification for Government to restrict the market like this. There are no winners. It's regulation for the sake of it. They have lost the plot and given in to a small group of nanny staters who think they have the right to tell others how to live, or what they can do with their own house or apartment." Mr Andrews says that Sydney and New South Wales should embrace short term rental in the tourist industry and not put the welcome mat away by adopting any of the options presented. "Sydney markets itself as an international city, a major tourist destination.
But imposing restrictions that want to shut down room sharing or renting out your apartment or holiday home when you are not using them yourself will kill this important part of the visitor economy. "Every time the Government imposes red tape like this, every time it adds fees and costs or creates rules that say you can't do something instead of developing laws that encourage new ways of doing things, they strangle innovation, they undoubtedly cost someone an existing job, and they prevent many more new jobs from being created. The NSW Government should take a step back and take a more common sense approach instead of the options proposed in this deeply flawed paper."
Satyajeet Marar, Director of Public Policy, The Australian Taxpayers' Alliance