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New report finds flaws in Byron Bay’s 60-day rental cap policy

Summary by NBN News

Byron Bay council introduced a 60-day rental cap policy in September last year – to encourage more owners onto the long-term market. But a new report by Australia’s leading short term rental accommodation body has found flaws with the initiative, claiming it’s having the opposite effect.

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New report finds flaws in Byron Bay’s 60-day rental cap policy

Byron Bay council introduced a 60-day rental cap policy in September last year – to encourage more owners onto the long-term market. But a new report by Australia’s leading short term rental accommodation body has found flaws with the initiative, claiming it’s having the opposite effect.

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NBN News broke the news in 4 days ago on Wednesday, February 19, 2025.

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