The NSW government will inject $50 million into the state’s creative and cultural sector to resuscitate arts companies suffering severe financial distress due to the coronavirus lockdown.
"It pulls everyone back from the cliff edge," he said. "I think this money on the table is the best show of support we've seen since day one and it's a huge relief, but it will be good to see the details." "It's going to be beyond September until we're back in the theatre with sizeable audiences, so while we are subject to health restrictions we are going to need support," he said.
Under this latest plan, not for profit organisations funded by Create NSW are eligible along with other arts bodies based on an assessment of their economic and cultural importance.Successful organisations can use approved funding to cover urgent expenses such as rent, utilities, and staff salaries; as well as funding sets, costumes and commissions for new productions when they reopen.
Live Performance Australia president Richard Evans said more commercially driven major arts organisations had been disproportionately impacted by their inability to perform.