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Musos fear payday super rules could ruin live music industry
Australia🏛️ PoliticsProgressive6 hr. ago

Musos fear payday super rules could ruin live music industry

New payday superannuation laws in Australia require employers to pay 12% superannuation to musicians within seven days, causing significant concern among industry professionals. Andy Firth, a veteran jazz musician, warns that the rules could lead to the decline of live music by increasing costs and administrative burdens. The Newcastle Hunter Jazz Festival, which has operated for 36 years, has canceled its upcoming event citing the new regulations as a major obstacle. Similarly, the Inverloch Jazz Festival has also been called off. The Australian Live Music Business Council highlights the challenges posed by these rules, which come on top of the ongoing impacts of the pandemic.

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ABC News (Australia) logoABC News (Australia)State / PublicProgressive6 hr. ago
Musos fear payday super rules could ruin live music industry

New payday superannuation laws in Australia require employers to pay 12% superannuation to musicians within seven days, causing significant concern among industry professionals. Andy Firth, a veteran jazz musician, warns that the rules could lead to the decline of live music by increasing costs and administrative burdens. The Newcastle Hunter Jazz Festival, which has operated for 36 years, has canceled its upcoming event citing the new regulations as a major obstacle. Similarly, the Inverloch Jazz Festival has also been called off. The Australian Live Music Business Council highlights the challenges posed by these rules, which come on top of the ongoing impacts of the pandemic.

Bias read (Progressive): The article frames the new superannuation rules as overly burdensome and detrimental to the live music industry, emphasizing the negative impact on musicians and festivals. While the policy itself is a governmental regulation, the article presents the perspective of industry stakeholders who argue a

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