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CEO Report May 2016 - Good Music Neighbours

26 May 2016

Dear members and subscribers,

Can you imagine a world without live music? This question is raised in an article published this week in the on-line arts site the Daily Review.
Interestingly, it is also part of the criteria we asked film producers to address in the I LOVE LIVE MUSIC 60 Second Film Competition, which will be held tonight as part of the SoundKILDA national music video competition at the St Kilda Town Hall.
The article argues that a perfect storm of barriers and issues (some government-led) has resulted in market failure, and calls for government intervention such as tax breaks for live music to save live music, as it did with the film industry.
The music industry recently commissioned Ernst and Young to undertake a feasibility study to build the case for music tax offsets, read it here
The report found that a $10 000 cash offset for new music venues and a 5% expenses offset for existing music venues would provide a net return to government of $40.2 million. We believe that a tax offset for music creators would also help feed the economic and cultural ecology.
We also believe that the country needs to take a lead from Victoria, where cross-department regulatory reform, grants programs and targeted support for live music is helping the live music sector not just retain the status quo, but is supporting growth.
Last week, City of Melbourne Lord mayor Robert Doyle called on the State Government to fast track late night license extensions and variations for live music to allow venues to stagger entertainment options across the night on weekends when public transport runs for 24 hours.
The latest Victorian Government initiative to support live music venues is the Good Music Neighbours program, which Music Victoria will deliver in partnership with Creative Victoria and the national Live Music Office, to provide matched funding for venues up to $25,000 to reduce noise emissions through sound proofing and other acoustic treatments.
It’s time for the country, and the federal government, to follow this lead, to support and build on our enviable live music industry before it’s too late.

See you in the moshpit - Paddy, Nick and Chloe

Tags: CEO report


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