Carriageworks secures independent future

Carriageworks saved, thanks to a 20-year lease agreement and guaranteed annual funding - two necessities it has battled since opening in 2007, the lack of which forced it into administration.

The arts and culture sector reeled in shock when Carriageworks stepped into voluntary administration back in the first week of May 2020. Australia’s largest multi-arts precinct – and the first to topple during the pandemic – its doors had been closed since 23 March due to COVID-19.

However, the financial stability of Carriageworks was more complex than a virus pushback. The beleaguered institution owed more than $2 million to around 140 creditors according to documents made available to the Australian Securities and Investments Commission.

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Gina Fairley is ArtsHub's National Visual Arts Editor. For a decade she worked as a freelance writer and curator across Southeast Asia and was previously the Regional Contributing Editor for Hong Kong based magazines Asian Art News and World Sculpture News. Prior to writing she worked as an arts manager in America and Australia for 14 years, including the regional gallery, biennale and commercial sectors. She is based in Mittagong, regional NSW. Twitter: @ginafairley Instagram: fairleygina

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