The NSW Government has announced a $75m stimulus package to help not-for-profit and commercial performing arts organisations, as well as live music venues.
Minister for the Arts Don Harwin said the funding will provide an immediate cash injection and future certainty for those organisations reliant on box office sales.
“The NSW Government is providing a remarkable shot in the arm to the performing arts and live music sector. We understand the critical role the performing arts and live music sectors play in stimulating the economy and creating jobs,” Harwin said.
“As we work our way through the latest outbreak in NSW we want to ensure these organisations can survive the lockdown, and are ready to thrive once it is safe for restrictions to be lifted.”
President of Live Performance Australia Richard Evans said the would provide a much-needed financial boost to the sector, when needed it the most.
“Today’s announcement is incredibly welcome and timely news. Across the State, sold out performances have had to be cancelled, this funding will allow organisations to continue paying staff and performers, and plan ahead for the coming months,” Evans said.
This $75m support package is in addition to the $50m Rescue and Restart funding announced in 2020.
Funding will be available to NSW commercial and not-for-profit performing arts organisations, as well as live music venues impacted by the cancellation of shows.