Economic Support package announced for Sport, Tourism and Creative Industries

Posted 14 May 2020

Economic Support package announced for Sport, Tourism and Creative Industries

The Victorian Government has announced that $150 million will be invested in Victorian sport, tourism and creative industries to help ensure best experiences are readily available as restrictions begin to ease and the next opening stages continue to be announced.

Major tourist attractions, galleries and museums along with sporting clubs and competitions will benefit from the Experience Economy Survival Package helping to “reboot, rebound and recover”.

“Victoria has the best galleries, museums and performance venues in the country – and one of the best live music scenes anywhere in the world. They are central to life in this state and this funding is vital to safeguarding jobs in the $31 billion creative industries economy.” – Minister for Creative Industries Martin Foley.

$32 million will be funded towards supporting creative agencies and initiatives including: the Geelong Art Centre, Museums Victoria, National Gallery of Victoria, Arts Centre Melbourne and Melbourne Recital Centre. An additional $6 million will be provided to the live music industry workers along with the Sustaining Creative Workers initiative that has previously been announced.

These funds will be in addition to the $16.8 million support package recently announced for creative industries. With these additional funds the Victorian Government will be contributing $49million into the Creative Sector. The aim is to continue to foster the creative sector.

The announced investment package will additionally support Victoria’s tourism industry and other not-for-profit and privately owned visitor attractions, community sport and recreation clubs, national sporting organisations, racing clubs, State Sport Centres Trust and the Kardinia Park Stadium Trust.

Together, these sectors contribute nearly $70 billion to the Victorian economy and support hundreds of thousands of jobs, but they have been hit hard by measures to slow the spread of the virus and save lives.

Read the full article here: https://www.premier.vic.gov.au/backing-sport-tourism-and-cultural-icons-to-rebound/

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