2021-10-12 P&E Agenda - Item 2 - Attachment 6 - Cost Benefit Analysis

COST BENEFIT ASSESSMENT – PROPOSED LOCAL LAW AMENDMENT: SHORT STAY
LETTING & HOME HOSTED ACCOMMODATION

4.4       RELOCATION COSTS FOR PROPERTY OWNERS DECIDING TO MOVE
In some instances, short stay accommodation activities may ultimately lead to permanent residents deciding to
move elsewhere at a significant cost when including transaction fees, taxes and moving costs (including lost
productivity). This has not been valued on the basis that it may result in double counting when considering the
benefits already covered in Section 4.3.


 IMPACT SUMMARY:

 No additional benefits are included from avoided resident relocation costs as these benefits are likely to be
 included within the benefits covered in Section 4.3.


4.5       LOCAL EMPLOYMENT BENEFITS
The requirement under the local law to have a local contact person to respond to and resolve complaints will
increase the demand for such services within Noosa Shire. Such increased demand will flow through to increased
local employment either through the increased use of local property managers or the direct use of contact persons.

This benefit has not been quantified on the basis that it is a consequence of regulation. However, it should be
considered from a qualitative assessment perspective.


 IMPACT SUMMARY:

 Additional local employment will result from the proposed local law due to the need to have a local presence
 to respond to all complaints associated with short stay accommodation within Noosa Shire.




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