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…
-
Business20 hours agoBroker names 2 small cap ASX shares to buy for big returns
-
Noosa News19 hours agoMin Woo Lee, Adam Scott and Cameron Smith in the mix after Australian PGA opening round in Brisbane
-
Business19 hours agoThese top ASX 200 stocks could rise 25% to 60%
-
Noosa News20 hours agoYear 12 student from Wellington Point State High School dies four days before graduation