Homesharing sites such as Airbnb will be regulated for the first time in NSW as the state government looks to legalise the booming short-term letting industry.

The move follows a NSW parliamentary inquiry in 2016, which recommended allowing home owners to list their properties on short-term accommodation platforms such as Airbnb or Stayz without the risk of hefty fines. The Berejiklian government says it’s accepted many of the recommendations but is yet to finalise the details…