Owners corporations will be allowed to have by-laws banning short-term letting when the new laws come in later this year.
Meanwhile, if your building is zoned residential only, you can have a by-law that says something like “as this building is zoned residential only, defined as lets no less than 30 days (or whatever the local council says), then short-term holiday letting is forbidden.”
That’s it. It’s all or nothing. You can’t have a by-law that allows Airbnb for so many nights a year or whatever. .
And it’s a by-law which has to be passed at a general meeting by 75 percent of those voting.