AirBnB trashes neigbourhood

Tuesday 3 July 2018

NEW laws to crack down on wild Airbnb parties and compensate angry neighbours are stalled in parliament even as police investigate a weekend rampage by 50 youths that caused $400,000 damage.

Police and the state Opposition are demanding urgent changes to deal with trouble in short-stay accommodation, more than two years after the state government promised to “stamp out bad behaviour”.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.