Global Trade Alert
Global Trade Alert

Australia: New scheme to support the creative economy

Announcement

25 Jun 2020

In June 2020, the Australian authorities launched a new economic support program to assist the creative industry which was heavily impacted by the COVID-19 outbreak. The total resources allocated to this programme were AUD 250 million (ca. USD 171.7 million).

Source

Sign in to access

Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jun 2020

Revocation date:

No revocation date

Updated: 25 Jun 2020
Loan guarantee In force

Included in the new stimulus plan for the arts industry announced by the Prime Minister of Australia on 25 June 2020 was the provision of loan guarantees to back the Show Starter Loans pr...

Sign in to see more
Updated: 25 Jun 2020
State loan In force

On 25 June 2020, the Prime Minister of Australia announced a new stimulus plan to help the arts industry. One of the key schemes that composed the programme was the Show Starter Loans programme.

Sign in to see more

Implementation date

25 Jun 2020

Revocation date:

10 Aug 2021

Updated: 25 Jun 2020
Financial grant

A key component composing the new stimulus plan for the arts industry announced by the Prime Minister of Australia on 25 June 2020 was the allocation of AUD 35 million (USD 24 million) to...

Sign in to see more

Implementation date

25 Jun 2020

Revocation date:

31 Dec 2021

Updated: 25 Jun 2020
State aid, unspecified

The Prime Minister of Australia launched a new stimulus plan to help the arts industry on 25 June 2020. One key component announced was the Temporary Interruption Fund to which the g...

Sign in to see more

Implementation date

25 Jun 2020

Revocation date:

25 Mar 2021

Updated: 25 Jun 2020
Financial grant

On 25 June 2020, the Prime Minister of Australia announced a new stimulus plan to help the arts industry. One of the key schemes that composed the programme was the Restart Investment to Susta...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.