The Greens have announced a policy for a $700m boost to help live performances stay alive over the next four years.
Sarah Hanson-Young gave these key points to the policy:
- Live music venues – 10 per cent tax offsets for the costs of hosting live music
- Touring artists– 50 per cent tax offset for travel expenses
- Theatre productions– 40 per cent tax offset for the costs of live theatre production (similar to screen producer offset).
Hanson-Young said someone needed to act to keep live music and theatre alive:
Art matters, live shows matter and our live music venues matter. Live music and theatre bring our cities and towns alive. Gigs, concerts and festivals inject money and enthusiasm into our local communities from the cities to the regions.
This policy is good for small businesses and the hospitality and tourism industries as well as the artists and local performers we all love to watch and enjoy.
Our live performance sector is struggling. Amidst ongoing cost of living pressures and piecemeal funding programs from the government, more and more venues are being forced to close their doors.
The Greens plan to introduce a Live Performance Tax Offset for venues, touring artists and theatre productions will boost our arts sector and provide a tax incentive for Aussie pubs and clubs to host local artists and provide the platform for emerging talent.”
The arts play a critical role in telling the stories of Australia and our people – we must do whatever we can to keep these venues open and support the rise of local creatives.”
Investing in live events and performance is an investment into our local communities, small businesses and our tourism industry.
Loading form…