Inquiry Proposes $205M Boost and Tax Breaks to Revive Australia's Live Music Scene

March 7, 2025
Inquiry Proposes $205M Boost and Tax Breaks to Revive Australia's Live Music Scene
  • Additionally, the inquiry suggests offering discounts or subsidies for young audiences, specifically targeting individuals under 18 to early 30s, to encourage greater attendance at live music events.

  • Proposals also include a levy on large event tickets to fund grassroots music initiatives and a requirement for major international acts to feature Australian supporting artists during their tours.

  • Emphasizing the importance of music education, the inquiry highlights the need for initiatives that teach music to young people, encouraging engagement beyond mere passive consumption.

  • The report outlines 20 recommendations that tackle various issues, including high insurance costs, venue licensing laws, and the concentration of power among major promoters.

  • Among the key recommendations is a proposed tax offset for the live music industry, which could potentially boost musicians' incomes by $205 million annually and increase the number of gigs.

  • The report further calls for the establishment of designated entertainment precincts with trading hour exemptions, reduced liquor excise rates, and streamlined processes for addressing noise complaints.

  • A recent federal parliamentary inquiry, launched in August 2024, has produced a report titled 'Am I Ever Gonna See You Live Again?' aimed at addressing the significant challenges faced by the Australian live music sector.

  • The Australian Festival Association has expressed support for these recommendations, particularly advocating for expanded government funding and regulatory consistency to facilitate live music operations.

Summary based on 1 source


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