Australia loses major arts centre to bankruptcymain
Carriageworks, Australia’s largest contemporary arts centre, has called in administrators in a huge blow to the national arts scene.
Carriageworks generated 75% of its own revenue from such events as Sydney Writers’ Festival, Mercedes-Benz Fashion Week Australia, and the design event Semi Permanent.
Following the earlier loss of shifts for casual staff, in early-April we stood down almost half of our core staff and asked those remaining to move to a three-day week. Focussing on essential work only we have been striving to find a way through the impact of the COVID-19 lockdown,” Carriageworks CEO Blair French said today.
“Since opening in 2007, Carriageworks has enjoyed the support of both the NSW and Federal Governments, and the generosity of its many partners and donors. During this time it has become a Sydney institution attracting one million visitors a year to the site in Redfern and up to 5000 people every Saturday to the Carriageworks Farmers Market. But with restrictions on social gatherings likely to remain in place for some time to come, the Board determined that it had no alternative but to place the company into Voluntary Administration.”