The Australian Live Music Business Council (ALMBC) recently convened its State of Play – National Live Music Industry Forum in Hobart, hosted by Music Tasmania. This gathering brought forth several significant insights that could shape the future of the live music sector in Australia.
One of the most promising developments is the return of an insurance underwriter focused on small to medium-sized venues and festivals. This increased competition could potentially lower insurance rates, which have been a growing concern for many in the industry. The ALMBC, in collaboration with Andrew Bassingthwaighte from Xcelera, is also working with the Insurance Council of Australia to demonstrate the music industry’s maturity and commitment to risk management.
Additionally, Stephen Wray from the Office of the Arts announced that the Federal Government’s RISE funding program will be reinstated in 2026, providing much-needed financial support to the live music sector. In a related initiative, Green Music Australia is developing a registry of environmentally friendly venues, highlighting the financial benefits of sustainable practices for touring acts.
The forum also addressed the unique challenges faced by Tasmania’s live music scene. Local artists like Grace Chia and Jon Smeathers shared their experiences, emphasizing the need for greater support and visibility for hip hop and experimental music outside of Hobart. Despite the challenges, there is a palpable enthusiasm among local musicians and promoters to showcase Tasmanian talent on larger platforms.
In Melbourne, a recent audit revealed that the city boasts the highest number of live music venues in Australia, with a total of 2,441. Music Victoria has made recommendations to the Victorian Government to ensure the sustainability of these venues, which are vital to the local economy and cultural landscape. The report highlights the importance of ongoing support for live music as a significant contributor to job creation and community engagement.
As the music industry continues to evolve, initiatives like the recent partnership between Spotify and The Push, aimed at supporting young Australians in music, underscore the importance of fostering new talent and ensuring inclusivity in the sector. With various stakeholders advocating for change, the future of Australia’s music scene looks promising.
