Advances will range between $250 and $10,000.
Due to the “unanticipated decimation of the live music sector”, the Phonographic Performance Company of Australia has introduced an emergency policy which will allow PPCA-registered artists to apply for one-off cash advances of between $250 and $10,000.
The amount available to artists looking to apply for an advance will be based on their average earnings under the PPCA Direct Artist Distribution Scheme over the last three years.
“We trust this initiative will go some way towards mitigating the devastating impact our artists are experiencing, as a result of the COVID-19 crisis,” said PPCA CEO Dan Rosen.
“We will continue to work with our industry colleagues and Government on financial support mechanisms to ensure our artists and sector can navigate this incredibly difficult period as work opportunities vanish and social isolation increases,” he said.
Head to the PPCA website to find out more.