A total of $115.2 million for the ARTS8 group – the eight elite national training institutions including the National Institute of Dramatic Art (NIDA), the Flying Fruit Fly Circus and the Australian Film Television and Radio School (AFTRS) – is one of the centrepiece investments of the Albanese Labor Government’s 2024-2025 Federal Budget.
The screen sector is also a beneficiary this year, with the Budget including $14.5 million to support the production of Australian children’s screen content, and a further $9.3 million to expand and enhance the National Film and Sound Archive’s (NFSA) capacity to store highly flammable nitrate-based cultural heritage material.