60 day cap kicks in today for Byron Shire

2024-09-23

From 23 September the community in Byron Shire is the first in NSW to have a legally enforceable means to regulate holiday letting beyond the State caps. After a decade of campaigning Short Term Rental Accommodation (STRA) in Byron Shire is capped at 60 days for un-hosted holiday lets in most of the Shire.

Tamara Smith MP, Member for Ballina said, “Since 2015 we have worked tirelessly with the community to have the power to reign in unfettered holiday letting in Byron Shire.”

“At peak times we have seen thousands of whole homes on holiday sites while permanent residents have had no rentals available.”

“This cap should see the transfer of some of those properties to the long-term rental market and cannot kick in soon enough.”

“Let’s be clear – the big corps will want this unique trial for our community to fail, so we are working closely with the community to amplify the good news stories that we expect to emerge from this power our community now haves.”

“As a community, we have faced fires and floods with incredible resilience and there is palpable relief to have what I hope will be an effective piece of the puzzle towards alleviating the housing crisis in Byron Shire.”

“Of course, we know that rents in Byron Shire will be high but supply over the long term will make a difference to both cost and availability.”

The 60-day cap in Byron Shire will apply to all non-hosted STRA lodgings apart from two precincts in Byron Bay and Brunswick Heads. Ms. Smith said, “NSW is in a rental crisis, and it is my hope that Byron Shire will lead by example in the re-establishment of community amenity and the prioritisation of homes for permanent residents.”

“I will be closely monitoring the cap and the actions of the STRA companies, it is important to see what works and what doesn’t as we move forward. I believe our model can then set the path towards all communities in NSW having the power to reign in STRA when the balance tips too far towards property investors and big corporations, away from residential amenity and housing availability for permanent residents in communities.”