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Australia’s Music Value

Thursday 3rd November / posted by Chris Wheeldon

WA’s music industry is worth close to 1 billion dollars to our state’s economy.

This is according to new research by Edith Cowan University for WA Music, the research shows the success of our local contemporary music scene in helping create almost 3,000 full time jobs, accounting for wages of just under $150 million.

This news comes as WAMFest 2016 starts ton the 4th of November – showcasing over 160 performances throughout Perth, and filling our town with music industry types from around the world.

WAM CEO Mike Harris is excited for the future and growth of the local music industry, and spoke to Chris Mason about the new findings.

The Mag continued this exploration into the economic value of Australia’s music industry, in a conversation with University of Newcastle Professor of International Business Professor Stephen Chen.

Recent studies funded by the Australian Research Council, APRA AMCOS and the Australia Council for the Arts, and also involving academics from the University of Newcastle and Monash University are aiming to look at the economic and cultural value of Australia’s music exports.

The research intends to determine the economic contribution Australian music acts make, highlight our country’s music export potential and to provide evidence of the economic and cultural benefits generated as a result.

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All live musical performances are included in our podcasts with the express permission of artists, who reserve all other rights in their music. All music used in our podcasts is licensed under an APRA Community Broadcasting license agreement.

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