Arts sector to receive $250M in grants, loans

The arts sector is the next in line to receive some much needed assistance from the federal government, with a major announcement expected today.

$250 million will be offered in grants and low cost loans over the next year in a bid to revive the struggling sector.

It’s understood the money will be distributed through the newly formed ‘Creative Economy Taskforce’, which is designed to support actors, bankroll new productions and provide work for people building sets and technical specialists.


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It won’t see workers moved onto the Job Keeper, as many have called for, but hopes to get festivals and concerts back up and running and allow film and TV producers to get back to work.

Some of the funds could also be used to bring big blockbusters to Australia to film, which could mean some big ticket items for the Gold Coast – a popular filming destination.

Prime Minister Scott Morrison is expected to unveil further details about the support today.

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