New ABS report into the economic contribution of culture
The Australian Bureau of Statistics (ABS) has released its first experimental measures of the economic contribution of cultural and creative activity in Australia.
The ABS found that in 2008–09 cultural and creative activity contributed approximately $86 billion to the Australian economy and was the main employment for almost 1 million Australians.
'This new ABS release shows cultural and creative activity is a significant component of the Australian economy, in addition to playing an important role in the wellbeing and quality of life of the community' said ABS Director of Culture, Recreation and Migrant Statistics, Andrew Middleton.
The development of the first Australian Cultural and Creative Activity Satellite Accounts using a range of detailed data to measure the economic contribution of cultural and creative activity in Australia was commissioned by the Meeting of Cultural Ministers (MCM) Statistics Working Group.
The MCM, in partnership with the ABS, supports a national program of cultural data collection, research and analysis, to inform government and the cultural sector in policy and decision making.
Read the full media release, Culture is big business, dated 10 February 2014.
See full analysis of results Australian National Accounts: Cultural and Creative Activity Satellite Accounts, Experimental, 2008–09, dated 10 February 2014.