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
Head of Economic Impact Consulting, Australasia
+61 (0) 2 8458 4224

Private: Andrew Tessler
Head of Economic Impact Consulting, Australasia
Sydney
You might be interested in

Post
PepsiCo’s Racial Equality Journey: An Analysis of its Economic Impacts
Oxford Economics was commissioned by PepsiCo to quantify the socioeconomic gains of their Racial Equality Journey initiative and conduct a survey of 500 US-based executives about their corporate diversity goals and plans.
Find Out More
Post
Data Center Impacts
Oxford Economics specializes in characterizing the impacts of data centers.
Find Out More
Post
Climate risks are severe, but a new ‘green economy’ offers a $10.3tr opportunity
The World Economic Forum’s annual risk survey shows that climate inaction makes up the top four of its 10 most severe global risks over the coming decade. On the same day that the WEF findings were released, new analysis was published into the opportunities the world’s transition to a greener economy would represent for businesses and investors prepared to make the changes needed.
Find Out More