abc.net.au/news/gig-economy-airbnb-artificial-intelligence/102879888More than eight years ago, when platforms like Airbnb and Uber were still in their infancy, few were considering the potential downsides of these exciting new disruptors.
One of those expressing caution, however, was then shadow assistant treasurer Andrew Leigh. In 2015, he released a discussion paper acknowledging the "huge potential" of the share economy, but also warning of the downsides in the rush to new platforms that weren't constrained by the rules and standards of existing industries.
Major global destinations, from New York to Paris, have moved to limit the ability of landlords to chase high-paying holiday-makers at the expense of struggling tenants looking for a long-term rental amidst a housing crisis.. From 2025, visitors to Victoria will pay a 7.5 per cent tax when using Airbnb, Stayz or other similar sites, raising an estimated $70 million per year for more public and social housing.
Airbnb itself is taking a more pragmatic view, arguing a 3 to 5 per cent levy would be more appropriate. The company is having this fight the world over. Its quibble with Andrews is over the detail.