Australians Call For Government Investment In Local Music
Australians have voiced their support for federal government investment in Australian music and indicated that a commitment to invest in the industry could influence their vote in the upcoming federal election, according to national survey results delivered this week.
Some 98% of respondents to the APRA AMCOS survey believe the federal government should invest in Australian music. When asked why, respondents answered:
* 90% It’s an export industry worth millions of dollars to the economy
* 98% It’s an important part of our culture and identity
* 90% I like to be able to go and see live music near me
* 91% It creates job growth and drives innovation
Importantly, 72% of those surveyed confirmed that a commitment to a significant investment in Australian music would influence their vote in the federal election. A further 25% said a commitment to invest would possibly influence their voting decision. 31% of total respondents live in marginal seats.
The survey results are backed by figures that prove an investment in Australian music will drive innovation, domestic jobs and growth, and export potential:
Australia’s contemporary music industry is a multi-billion dollar contributor to the Australian economy, with live contemporary music generating revenue of $2 billion annually.
The entire contemporary music sector contributes close to $6 billion to the Australian economy annually.
Contemporary music in Australia generates jobs and growth. Expenditure associated with live music in Australia is estimated to create close to 65,000 full time and part time jobs.
Every $1 spent on live music contributes $3 back into the economy.
Australia is the 6th largest music market in the world.
More Australian songwriters and musicians are succeeding on the global stage. The number of Australian artists showcasing at international events, supported by the Sounds Australia export office, has grown from 49 per year in 2009 to over 200 per year in 2014 and 2015.
Australian songwriters broke 2014/2015 records with a 25% increase in international performance royalty income.
Source:
APRA AMCOS
