The Tasmanian Government's short stay levy delivers fairness in the growing visitor economy, with funds to be invested in housing for Tasmanians while protecting local jobs and businesses.
The levy recognises that Tasmania's accommodation industry has changed significantly, with global booking platforms now playing a dominant role in the sector and extracting substantial commissions from Tasmanian operators.
Treasurer Eric Abetz said international booking platforms can take up to 20 per cent per stay, with that money leaving Australia altogether.
"The short stay levy will deliver a modest contribution that will stay in Tasmania - supporting housing supply, local services and the workers who underpin our tourism industry," the Treasurer said.
"We have deliberately set the levy at 5 per cent, which is significantly lower than the commissions charged by overseas platforms, meaning negligible impact on visitors and operators.
"It is clear Labor is more interested in supporting overseas multinationals than helping more Tasmanians get a roof over their head."
The Government is ensuring Tasmania keeps pace with other jurisdictions while maintaining a strong, competitive tourism market that works for everyone - not just multinational corporations.
"The levy complements our broader work to improve housing availability and affordability, particularly in regions where short stay accommodation places pressure on long term rental supply," the Treasurer said.
"This is a responsible, balanced reform that puts Tasmanians first, it protects tourism, supports housing, and makes sure more money stays in Tasmania instead of disappearing overseas.
"While Labor fights against more money for housing for Tasmanians, we are taking action to put roofs over Tasmanians heads."
The Tasmanian Government will continue to work with local operators, workers and communities to ensure reforms are practical, proportionate and focused on long term outcomes.