Government to unveil $250m loans and grants package to restart paused arts industry

The Morrison government will today reveal a $250m support package for an arts industry struggling to cope with the havoc COVID-19 has wreaked upon the sector.

The package is inclusive of $90m in grants, that will range from $75,000 to $2m, and concessional loans to fund new productions. It’s an attempt to stimulate an industry that has been badly damaged by the social distancing practices and cancellations resulting from the pandemic.

Screen Australia will be responsible for a $50m fund to finance local productions that have been forced to shut down. The likes of The Block, The Bachelor, Holey Moley, and Survivor have all been paused. Ten’s Neighbours resumed filming at the end of April after a four-week break, Big Brother had to temporarily pause production after a crew member was exposed to someone who tested positive for COVID-19, and The Amazing Race is on the hunt for talent after confirming this month that a domestic version of the show is still on the cards.

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