
RISE Grant Funding Changes & We Launch New Spotify Playlist | Music News
The live industry is welcoming a tweak to the conditions applied to RISE grants, which should ensure artists and crew members are paid promptly.
RISE was designed to help reopen industry post-lockdown. The Delta variant threw in a curveball
Following concerns over the fair distribution of money and bottlenecks in the delivery of payments, federal government recently introduced a rule that requires 33 per cent of each of the Batch 5 RISE grants be paid to suppliers within 30 days of receipt, as a deposit for future services.
The new rules could be a lifeline for thousands of sole-traders and live industry professionals who make the shows happen.
In a report by The Australian, it was revealed that the new provisions were put in place in response to fears that promoters may be withholding the funds from third parties.
When The Australian asked Arts Minister Paul Fletcher why the 33 per cent deposit rule was not applied to the fourth round, he said it was because those grants agreements have “already been entered into”.
“We can’t change the rules retrospectively… it really reflects continuing consultation with the music sector, and the fact that the goalposts have been moving as we’ve understood the impact of Delta”, Fletcher said.
Fletcher also confirmed that RISE grants cannot be spent on things like international artists’ fees, quarantine costs or royalties for non-Australian artists.
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Homebrewed is a radio program and podcast dedicated to supporting the Australian Music Industry. Cameron Smith and Eamonn Snow have been presenting Homebrewed since November 2017 and have received excellence awards and the admiration of local bands for their presentation of Homebrewed and their continued support of the Australian music scene. This podcast is designed so you can enjoy conversations with musicians, industry representatives and music media personalities.
Source: https://www.homebrewed.au