Struggling arts industry to get $250m coronavirus rescue package

  • 📰 abcnews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Australia's arts sector will get access to $250 million worth of grants and loans under a COVID-19 recovery package unveiled by the Federal Government.

Prime Minister Scott Morrison said the rescue package would help the arts industry re-build over the next yearGreens Senator Sarah Hanson-Young say more still needs to be done

"This package is as much about supporting the tradies who build stage sets or computer specialists who create the latest special effects, as it is about supporting actors and performers in major productions," he said. $90 million in concessional loans to help fund new productions. Loans will be delivered through commercial banks with a Commonwealth guarantee

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah, I don’t think the arts are going to drag us out of recession or stimulate the economy. This is money spent to entertain the wealthy in a few major cities.

So 250mil down the shitter then?

More akin to a wet firecracker all this

So did anyone ask whether its real or notional funding? Its just we've been here before, big announcements but then the money never eventuates, or the application process is so convoluted no one is eligible.

TheirABC sucks up that amount every 3 months. Think about that.

Government: But also don’t study Arts.

Ireland Ireland Latest News, Ireland Ireland Headlines