Why art? Alison Croggon

In 2011, cultural industries directly employed 531 000 people, and indirectly generated a further 3.7 million jobs. Copyright industries were worth $93.2 billion to the Australian economy in 2007, with exports worth more than $500 million.2 According to its own figures, the mining industry is worth $121 billion a year to the Australian economy, only around 25 per cent more than the cultural industries. Mining employs significantly fewer people than the cultural sector: 187  400 directly, and a further 599 680 in support industries.3 The industry receives government assistance – to the tune of $700 million in the last financial year.4 In 2011–12, Australian industry as a whole – including agriculture, food manufacturing and service industries – was given an estimated $17.3 billion in combined assistance (a mixture of direct subsidies, tax breaks, tariffs and regulatory assistance).5 This doesn’t count a further $9.4 billion invested in research and development by the Australian government in the same financial year.6 In contrast, it’s probably safe to say that, when discussing arts funding, we’re talking about around $500 million annually, out of a total tax revenue in 2011–12 of $390 billion7 – that is, about 0.1 per cent of total government expenditure. (Assistance to industry, including research and development, is around 7 per cent.) The Australia Council, the major arts funding body, has a budget this year of $220 million.

http://overland.org.au/previous-issues/issue–212/feature-alison-croggon/