Event organisers will be able to apply for grants of between $75,000 to $2 million to put on festivals, concerts, tours and events as part of a broader $250 million rescue package for the arts sector.
The Federal Government has put aside $75 million in grants to provide capital to help production and event businesses.
Also included in the package is about $90 million in “show starter” concessional loans to fund new productions and events. The loans program will be delivered through commercial banks, backed by a 100 per cent Commonwealth guarantee.
Another $35 million will be available in direct financial assistance for Commonwealth-funded organisations which are struggling to stay viable, including theatre, dance, music and circus, to help get “their show back on the road, to get their workers back in jobs”.
“These measures will support a broad range of jobs from performers, artists and roadies, to front of house staff and many who work behind the scenes, while assisting related parts of the broader economy, such as tourism and hospitality,” said Prime Minister Scott Morrison.
“This package is as much about supporting the tradies who build stage sets or computer specialists who create the latest special effects, as it is about supporting actors and performers in major productions.”
Arts Minister Paul Fletcher said the package would help support job creation.
“These sectors have been hit hard during the pandemic, and the government’s investment will play an important role in the nation’s economic recovery,” Fletcher said.
“It is very important of course that we work through the pathway for entertainment and creative sector activity to be able to recommence.
“And one of the things we’re committing to is the Prime Minister will take to National Cabinet a proposal that a pathway be developed for the arts and entertainment sector so we that can provide as much clarity on that as possible.”