General
Music industry welcomes ‘critical’ COVID lifeline but urges government to distribute cash fast
The music industry has welcomed a $135 million funding boost to help it restart post-COVID, but has urged the federal government to get the money out the door quickly as the end of JobKeeper hits businesses hard.
Key points:
- The money will fund grants to put on festivals and tours
- Music organisations called it a critical measure to restart the industry as border closures, venue caps remain
- The Greens say payments will not be enough to save employees as JobKeeper ends
The government on Thursday announced $125 million for its RISE program, which provides grants to artists, tour promoters and festivals to help them stage events, which have been largely shut down since March 2020.
An extra $10 million will go to Support Act, a charity that…
-
General20 hours agoFootballers and movie stars: PM’s Shanghai tourism push
-
Business19 hours agoNvidia reaches the $4 trillion mark. Can it hit $5 trillion in 2025?
-
Business19 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General17 hours ago‘Hidden and radical’ power of First Nations women unlocked in big hART’s Punkaliyarra project