11 May 2021

Victoria’s multi-billion-dollar creative economy will be reinvigorated thanks to an unprecedented $288 million investment in the Victorian Budget 2021/22.

Designed to secure jobs and reassert Victoria’s position as the creative state, a $167.3 million Creative State funding package will support the sector as it bounces back after a challenging year – putting creativity at the heart of Victoria’s recovery and supercharging the sector.

As well as cementing our reputation as the nation’s creative capital, this investment is expected to underpin the creation of more than 20,000 new jobs with the commissioning of new works and collaborations across the state.

Geelong Arts Centre will continue its ambitious redevelopment, with $6.3 million to keep the centre’s programming active and support local jobs while this project serves to revitalise central Geelong and bolster the city’s creative offering.

This funding will provide accommodation for Geelong Arts Centre staff and keep the centre open as work continues on the Little Malop Street redevelopment, which is expected to finish up in 2023 and create more than 600 construction jobs - with a focus on local job creation.

In addition to the Creative State funding package, the Budget will confirm the funding required to get on with this $140 million project set to significantly expand the capacity of the Centre with multiple new performance venues, an upgraded box office and refurbished back-of-house and administration facilities.

A new approach to multi-year investment will help Victoria’s creative sector to grow with an extra $23.9 million to support a diverse selection of creative enterprises, venues, and festivals – both big and small. From artist run spaces to regional theatre companies, this will give Victoria’s creative organisations greater security, allowing them to grow their audiences and create new jobs.

A $79 million creative industries support and recovery package will secure thousands of jobs in the industry, providing a timely boost to the recovery of Victoria’s iconic state-owned cultural institutions like the Geelong Arts Centre and others – giving Victorians and visitors more opportunities to experience world-class events and programs.

Victoria is proudly the live music capital of Australia. The Budget reinforces the important role Music Victoria and the Victorian Music Development Office play in supporting homegrown musicians – from promoting work on a global scale to supporting up and coming artists.

Victoria’s landmark Music Works industry development initiative will be extended with $10.8 million to help our hard-hit music industry reactivate, with specific support to nurture young emerging talent and help tours get back on the road.

Funding of $4.5 million will deliver our new Creative Neighbourhoods program, providing creative workers and businesses with greater access to affordable workspaces and fostering creative hubs, including the Emporium Creative Hub Bendigo and the Brunswick Design District.

Families can look forward to new immersive exhibitions with $33.5 million for Museums Victoria to deliver a new Gondwana Garden palaeontological adventure and a Triceratops gallery – which will house a 67 million year old Triceratops, the world’s most complete and best-preserved fossil – and the safeguarding of our museum collections and more.

There will also be a strong focus on leadership and opportunities for First Peoples with the creation of a new annual First Peoples Creative Industries forum and a First Peoples Art and Design Fair.

The latest funding also aims to support talent that reflects the rich diversity of Victoria, with $4 million in dedicated funding for First Peoples, young people and those from diverse backgrounds. This includes support for First Nation festivals and platforms such as Yirramboi, Blak & Bright Literature Festival and the Koorie Art Show.

The Budget backs ground-breaking festivals to showcase Victoria’s strengths to the world. Asia TOPA, Melbourne Fringe and Melbourne International Games Week will be supported, as well as Victoria’s UNESCO Creative Cities designation, which recognises Geelong as a City of Design, Bendigo as a City of Gastronomy, Melbourne as a City of Literature, and Ballarat as a City of Craft and Folk Art.

The Creative State funding package is in addition to the $191.5 million screen industry package and the 40,000 jobs set to be created through the VICSCREEN package, and builds on the record $220 million delivered in last year’s Budget.

This funding takes the Victorian Government’s total investment in Victoria’s creative life and recovery to a record $508 million since the start of the pandemic.