NZ Events Association’s Post

Check out a recent report out of Australia on the music festival sector, it makes for some interesting reading. The findings suggest that only half of Australia's festivals are profitable. The reasons for this include rising operational costs, lack of funding or grants, extreme weather events, insurance, consumer buying behaviours, and complex and inconsistent regulatory requirements.

Soundcheck: Insights into Australia’s music festival sector

Soundcheck: Insights into Australia’s music festival sector

https://creative.gov.au

Interesting to read that insurance would be highlighted as a 'barrier' to running a festival. Not sure if that is the cost of insurance or the ability to source insurance?

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