A parliamentary investigation into Australia’s struggling live music industry has called for the Australian Competition and Consumer Commission to oversee the sector for any anti-competitive practices. Additionally, it has recommended taking action against “extreme dynamic pricing.”
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Without action, it is projected that by 2050, half of all Australian children and teenagers could be overweight or obese. We estimate that 2.2 million young Australians will be affected
It’s encouraging to see the parliamentary inquiry addressing the challenges faced by Australia’s live music sector. With many artists and venues struggling, monitoring for anti-competitive practices could help ensure a fair playing field for everyone involved. Extreme dynamic pricing often alienates fans and may lead to a decline in attendance, so it’s crucial that steps are taken to create a more sustainable and accessible concert experience. This recommendation could lead to positive changes that support both the industry and its audience. Let’s hope these measures are implemented effectively!