Arts $6.1 billion contribution to economy

The value of the state’s art and cultural sector has been revealed in a new report commissioned by Arts Victoria.
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Melbourne International Comedy Festival attracts some 600,000 audience members annually, making a significant contribution to the State economy. Image: Facebook.

Conducted by leading consultancy firm KPMG, the report, Economic Impact of the Victorian Arts and Cultural Sector, has revealed that in 2010-11 the Victorian arts and cultural sector collectively added direct value to the economy of $6.1 billion and employed the equivalent of 68,000 full time workers.

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Richard Watts is ArtsHub's National Performing Arts Editor; he also presents the weekly program SmartArts on Three Triple R FM. Richard is a life member of the Melbourne Queer Film Festival and a Melbourne Fringe Festival Living Legend. In 2020 he was awarded the Sidney Myer Performing Arts Awards' Facilitator's Prize. Most recently, Richard was presented with a Lifetime Achievement Award by the Green Room Awards Association in June 2021. Follow him on Twitter: @richardthewatts