AusLeisure

Federal Treasurer Josh Frydenberg first budget has not only targeted at rebates for Australia’s low and middle income earners and an infrastructure spend of $100 billion over the next decade, but has also included funds for the arts, recreation, sport and tourism.

Following on from a series of pre-budget announcements, the budget includes an extra $393.7 million to strengthen communications, music, regional media and cultural institutions.

Key announcements in this funding includes the previously announced $30.9 million for Australia’s music industry, $22.0 million in new funding to the Bundanon Trust over the next three years to deliver its masterplan development, $10 million over four years to establish the National Library of Australia’s (NLA’s) Digitisation Fund and $1.5 million in 2019-20 to deliver a world-class art installation in southern Tasmania to promote tourism in the region after the impact of the 2019 bushfires. This is in addition to the $500,000 committed by the Tasmanian Government for the project.

In sport, the budget includes a $385.4 million package to implement Sport 2030 - Australia’s first national sports plan, that funds sport in communities and schools and supports elite athletes before, during and after their careers. The budget also provides an additional $54 million over the next two years for high performance Australian sport.

In tourism the budget has included a small rise of $5 million for Tourism Australia - to $175 million a year - to back international marketing to attract overseas tourists as well as $50 million funding for a ‘Tourism Icons Package’, to back a small number of flagship attractions in regional Australia.

Details of these announcements and industry reaction will follow.

Click here to view Budget Statements by Portfolio.

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30th March 2019 - Federal government announces $30 million commitment for contemporary music

30th March 2019 - Tourism Association outlines government expenditure needed for industry growth 

29th March 2019 - Richmond FC secures Federal Government funds for Swinburne Centre redevelopment

26th March 2019 - Federal Government to input $129 million to Adelaide’s cultural economy

18th January 2019 - Australian Government supports rugby league development in Fiji

24th October 2018 - Australian Government announces extra $50 million funding for High Performance Sport

24th August 2018 - TTF welcomes ‘one of our own’ as Australian Prime Minister

21st August 2018 - Masterplan aims to reposition Jabiru as tourism and regional services hub

9th May 2018 - Federal budget backs sport and activity, disappoints arts and tourism

19th December 2017 - New Federal Minister for Sport named in Australian Cabinet reshuffle

8th June 2017 - Australian Sports Commission allocates more than $120 million to sport

23rd November 2016 - Architect announced to deliver Bundanon Trust Masterplan for Arthur Boyd property

21st September 2015 - Prime Minister Turnbull links arts and communications and restores tourism minister in new ministry

9th January 2015 - Sporting Goods sector welcomes calls to change low value threshold

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