Adelaide Festival gets $2.3m boost after delivering increased economic benefit

adelaide festival
Adelaide Festival Artistic Director Ruth Mackenzie joined Premier Peter Malinauskas, Arts Minister Andrea Michaels and Member for Adelaide to announce the extra funding.

Adelaide Festival will receive an additional $2.3 million from the South Australian Government after delivering an estimated $57.6 million economic boost to the state this year.

The new funding will go towards opera centrepieces planned for next year’s program and two special projects which will be announced later in the year.

Despite some challenges, this year’s festival attracted 11,080 visitors to the state who spent 47 per cent more than last year. This resulted in an estimated $38.1 million in newly created income for the state.

Premier Peter Malinauskas said the extra funding would help the festival attract major international events.

“I am delighted to witness the incredible impact of Adelaide Festival on our state’s economy,” he said.

“These figures unequivocally demonstrate the Festival not only delivers significant value but also reinforces its pivotal role in our cultural landscape.”

Adelaide Festival Chair Judy Potter said the additional funding is essential to attract major works to the state.

“With additional funding from the South Australian Government over the next three years, the festival is set to thrive and make vibrant contributions to our region’s artistic tapestry,” she said.

This year’s festival posted total box office income of more than $5.9 million, just shy of the record $6 million set in 2019. Adelaide Festival Artistic Director Ruth Mackenzie said the result was a great success.

“We are absolutely delighted that the Festival continues to demonstrate its importance to the South Australian economy,” she said.

“Adelaide Festival’s ability to foster connections between audiences, communities and the world’s most extraordinary performers, writers and artists plays a crucial role in its cultural significance as well as its economic influence.

“Each March these collective experiences continue to attract visitors from all over Australia and further afield, joining the 900 artists from 18 countries who make up Australia’s premier arts festival.”

Arts Minister Andrea Michaels said it was great to see the festival bounce back.

“We know Adelaide Festival is vitally important to the cultural vitality of our state,” she said. “This announcement shows its tremendous worth in terms of fuelling our economy, as a crucial force driving tourism and employment.”