7 News
·general
·1 hour ago
Brisbane mayor abandons plan to convert short-stay rentals to housing market
Brisbane's Lord Mayor Adrian Schrinner abandoned a controversial plan Wednesday to force short-stay rental properties back onto the housing market, citing economic uncertainty and rising interest rates. The council had previously targeted about 500 of the city's 2,200 short-stay listings under a proposed permit scheme due by June 2026.
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