‘Cultural and creative industries earned 87% of their income – the largest proportion – from sales and services,’ reveals the latest findings in A New Approach’s (ANA) report ‘To Scale: Mapping Financial Inflows in Australian Arts, Culture and Creativity‘.
This statistic may be surprising to many. After all, there is so much talk on the alarming decline of government funding to the art and creative sectors, as well as the dire need to increase government support. In 2022, Australia ranked 23 out of 34 countries in cultural expenditure across the OECD (Organisation for Economic Co-operation and Development).
