25 June 2020
Government announces a support package for the arts
The Federal government has announced a support package targeting the arts industry, with emphasis on assisting major organisations, theatres and the screen industry to restart operations over 12 months. The package will be worth $250 million in grants and loans.
According to the brief media release, the package includes $75 million in grants to reactivate productions, tours, festivals and events as social distancing productions ease over 2020-21; $90 million in Commonwealth-guaranteed bank loans to assist in funding new productions and events; $50 million for the screen industry to help resume production; and $35 million in direct financial assistance for major organisations. The government is also establishing a task force to partner with the Australia Council for the Arts to support employment in the sector.
Further details to be confirmed.
© Australian Music Centre (2020) — Permission must be obtained from the AMC if you wish to reproduce this article either online or in print.
Be the first to share add your thoughts and opinions in response to this article.
You must login to post a comment.