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).
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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
Announced: 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 programme.
Acco...
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Announced: 25 Jun 2020
Lending support
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.
The o...
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Implementation date
25 Jun 2020
Revocation date:
10 Aug 2021
Announced: 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 support sign...
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Implementation date
25 Jun 2020
Revocation date:
31 Dec 2021
Removed: 31 Dec 2021
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 government allocate...
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Implementation date
25 Jun 2020
Revocation date:
25 Mar 2021
Announced: 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 Sustain and E...
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Related State Acts
Announced: 10 Aug 2021
Australia: Government increases budget of existing COVID-19 Arts Sustainability Fund by AUD 15 million
Prolonged: 01 Jan 2022
Australia: Government implements SME Recovery Loan Scheme
Announced: 26 Mar 2021
Australia: Government commits AUD 20 million for independent cinemas
Announced: 25 Mar 2021
Australia: Government increases budget of existing Restart Investment to Sustain and Expand (RISE) Fund by AUD 125 million
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