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read moreThe Australian Amusement, Leisure and Recreation Association (AALARA) has reported that its request to the Federal Government to financially support the creation of an industry-owned Discretionary Mutual Fund (DMF) for the attractions industry has been unsuccessful.
In a communication to members, the Association today advised “the Federal Government has handed down their final decision that they are not willing to provide funding to support our industry DMF.
“This decision was met with absolute disbelief from AALARA and well placed key stakeholders in Canberra that have been working alongside us on this journey.”
With a range of industry operators including travelling shows, carnival ride and inflatable play operators, theme parks, waterparks, trampoline arenas, amusement attractions and adventure tourism operators having been facing increasing difficulty in securing public liability insurance in recent years, AALARA, backed by its members, has been advocating a DMF as a solution.
Its approach was endorsed by a comprehensive review undertaken by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Bruce Billson in which he supported the establishment of an industry-owned DMF as the most durable and secure pathway forward for the industry.
As AALARA explains the ASBFEO's The Show Must Go On report made it “clear that the DMF is the best long term solution for the survival of travelling shows, attractions, leisure and tourism operators.”
While disappointed by the Federal Government’s response, the Association advises that it “will be pushing forward to gain support from all corners of politics, media and key stakeholders”, asking members to raise awareness of this issue and to lobby local MPs and other governmental contacts.
In November last year the Federal Government also rejected recommendations from a Senate committee inquiry that called for a national insurance guarantee to protect events cancelled by COVID-19 restrictions.
Letter sent to the Prime Minister of Australia, Scott Morrison and every Minister and Senator of the governing coalition outlining once again the urgency and need to establish the DMF.
21st April 2022 - Nine-year-old boy falls from Flip Out climbing wall in Canberra
11th April 2022 - Sydney Royal Easter Show ride shut down after operating with unrestrained child
14th March 2022 - AALARA launches 2022 Conference program
4th February 2022 - Big Red Bash organisers lose $3 million legal battle over COVID-19 cancellation insurance claim
4th February 2022 - AALARA sets up Safe Operation of Inflatables Sub Committee
24th December 2021 - Pop up zip line over Melbourne’s River Yarra proves popular
17th December 2021 - Insurer Sportscover surprised by Small Business Ombudsman’s support for attractions mutual fund
16th December 2021 - Five children dead after inflatable jumping castle blown into air at Tasmanian school
15th December 2021 - Launch of COVID-19 insurance brings certainty to events
6th December 2021 - Small Business Ombudsman’s report calls for a Discretionary Mutual Fund as solution for amusement and attractions insurance challenges
30th November 2021 - Live music and entertainment industry urges Governments to deliver national insurance scheme as Omicron threatens recovery
22nd November 2021 - Federal Government rejects call for national event insurance scheme
18th November 2021 - Risk management the key to way out of attractions industry’s insurance crisis
8th November 2021 - Federal Opposition gets behind events industry’s call for cancellation insurance scheme
25th October 2021 - AALARA urges members to respond to Australian Small Business Ombudsman’s insurance crisis interim report
20th October 2021 - Ombudsman’s insurance crisis report says ‘the show must go on’
25th August 2021 - Fair Work Ombudsman penalises former operators of Big Buoy Waterpark
12th August 2021 - HIB Insurance Brokers able to offer cover for amusement, entertainment and tourism businesses
2nd August 2021 - AALARA works through solution to insurance market challenges
7th July 2021 - Public liability insurance crisis further impacting Queensland country shows
21st June 2021 - Small Business Ombudsman launches review of AALARA’s Discretionary Mutual Fund proposal
31st May 2021 - Royal Adelaide Show facing event with smaller crowds and fewer carnival rides
3rd May 2021 - Moving to address industry insurance crisis AALARA releases survey on Discretionary Mutual Fund
12th April 2021 - Failure to secure insurance see Australia’s last circus with exotic animals move to retire its lions and monkeys
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