I had been renting out rooms using Airbnb for about three years and had very good ratings. Five months ago, an Airbnb guest left an external door unlocked and my house was robbed. In order to make it safer for me and my guests I installed an external security camera system which is very common at many accommodation places in Australia. I informed the Australian Government of an Airbnb guest overstaying their visa.
Airbnb responded with limited information notifying me they will lop $180 off my next guest. Shortly thereafter they cancelled my account. Beware, as most of the guests wanting accommodation have no ratings. The cancellation policy is meaningless as Airbnb can arbitrarily cancel a guest’s booking at any time and give you almost no information as to why they are cancelling it.
Based on what has happened, I doubt the bond system by Airbnb is worth anything. As a host, you and the Australian Government do not know who the guests staying in your house are. Airbnb doesn’t even know who the extra guests are. As Airbnb is getting more hosts, the room rates have dropped a lot so it is definitely not worth putting up with garbage like this.