Recent Release | 22 Dec 2022

The Economic Impact of Tax Offsets on Australia’s Live Music Industry

Economic Consulting Team

Oxford Economics


Prior to the COVID-19 pandemic, the venue-based live music industry was a significant part of the economy, and an important part of Australia’s social and cultural lives. Close to half of all Australians accessed live music in 2019. In 2018/19 around 5,000 venues hosted over 10,000 unique musicians and bands who performed over 400,000 ‘gigs’ to audiences around Australia.

BIS Oxford Economics has been engaged by APRA AMCOS to assess how tax offsets levied at venues staging live music might support an economic rebound from the pandemic and foster a healthy live performance ecosystem over the long run. This report explores how tax offsets, calculated as a share of live music expenses might incentivise venues capable of holding live music concerts.

About the team

Our Macro Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:

Andrew Tessler
Andrew Tessler

Head of Economic Impact Consulting, Australasia, OE Australia

You might be interested in

Economic Impact of NCIS: Hawai’i Season Two

Across 2022-23, production of Season Two of “NCIS: Hawai’i” resulted in total spending in the state of approximately $79.4 million.

Find Out More
The economic impact of abandoning the WTO

Oxford Economics have been commissioned by the International Chamber of Commerce (ICC) to provide an independent assessment of the economic impact of WTO dissolution. This report details our findings and the assumptions underpinning our analysis.

Find Out More
Global Trade Education: The role of private philanthropy

Global trade can amplify economic development and poverty alleviation. Capable leaders are required to put in place enabling conditions for trade, but currently these skills are underprovided in developing countries. For philanthropists, investing in trade leadership talent through graduate-level scholarships is an opportunity to make meaningful contributions that can multiply and sustain global economic development.

Find Out More
Mapping the Plastics Value Chain: A framework to understand the socio-economic impacts of a production cap on virgin plastics

The International Council of Chemical Associations (ICCA) commissioned Oxford Economics to undertake a research program to explore the socio-economic and environmental implications of policy interventions that could be used to reduce plastic pollution, with a focus on a global production cap on primary plastic polymers.

Find Out More