Survey results released today by Airbnb which reveal a staggering $25 Million-plus earned by Australian female hosts during the coronavirus pandemic highlight the desperate need for Government to create a level playing field so that traditional businesses can fairly compete.The Airbnb survey[1] shows female Airbnb hosts have collectively earned since March 2020:
- Sunshine Coast, QLD – more than $3,364,000
- Byron Bay, NSW – more than $3,143,000
- Jervis Bay, NSW – more than $2,452,000
- Sydney, NSW – more than $2,320,000
- Great Ocean Road, VIC – more than $2,361,000
- NSW Mid North Coast – more than $2,152,000
- NSW Central Coast – more than $1,952,000
- Mornington Peninsula, VIC – more than $1,790,000
- Gold Coast/Tweed, QLD – more than $1,765,000
- Brighton, VIC – more than $1,402,000
- Perth, WA – more than $886,000
- Melbourne, VIC – more than $775,000
- Brisbane, QLD – more than $877,000
NB – these earnings exclude billings generated by Australia’s male Airbnb hosts.
Accommodation Association CEO Dean Long is available for interview on how the current situation is negatively impacting traditional accommodation providers and their confidence in investing in the future:
- The impact of these diverted funds on traditional accommodation providers especially in cities at a time when the sector has been decimated by travel bans, border closures and COVID shutdowns;
- The need for Government action on the sharing economy which is a largely unregulated industry without any barriers to investment or transparency of taxation obligations;
- The need for on-going application of the ATO data-matching program to support transparency and equalisation with traditional businesses that have existing reporting obligations (as flagged in Treasury’s Black Economy Taskforce Final Report in 2019 and which will only take effect from 1 July 2022).
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