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Report shows 2024 Byron Bay Bluesfest contributed $230 million into NSW economy

Report shows 2024 Byron Bay Bluesfest contributed $230 million into NSW economy
September 6, 2024

A report commissioned by the organisers of Byron Bay's Bluesfest has indicated that this year's event contributed more than $230 million to the NSW economy.

With the 2025 festival scheduled to be its last, the report by Queensland-based company Lawrence Consulting, suggests what the region is set lose when its 35-year history ends next year.

Author Reuben Lawrence says that the figure includes what happened beyond the confines of the festival site at Tyagarah near Byron Bay.

Lawrence told the ABC “we're (also) talking about how much people spend outside of the festival.

"It's a catalyst for people to spend more time holidaying in NSW, and we capture that too."

The report found the festival generated $42 million for the Byron Shire and $83 million across the Northern Rivers region, providing work for 748 full-time employees.

Lawrence said the findings were based on data generated by an extensive survey of spending habits completed by more than 1,300 patrons, noting “we know that patrons spend about $425 a day in the local area, outside of what they spend at Bluesfest itself.”

The data showed the biggest winners across the Byron Shire were the arts, accommodation and food sectors with arts and recreation services generating $25 million in spending over the festival period, more than a quarter of the total spend across the Byron Shire.

Calling the report's findings "bittersweet", Bluesfest co-founder and Executive Chairman, Peter Noble told the ABC “this is an amazing achievement not only for the Byron Shire but for the entire state, demonstrating just how significant Bluesfest is to our local and state economies, yet in 2024 Bluesfest lost money.”

While Noble said although at this point 2025 would be the last year for Bluesfest, "it doesn't have to be", noting “under current economic conditions, we simply cannot continue and that's why we have asked for NSW Government support.

"We’re not looking for a handout, we're looking for a hand up as our industry grapples with the cost-of-living crisis and other challenges."

An e-petition calling on the NSW Government to provide funding to keep the festival alive, started by local Greens MP Tamara Smith, currently has about 6,000 signatures.

The region has already suffered economic blows caused by the loss of events such as Splendour In The Grass and Falls Festival.

Images: A report commissioned by organisers of Byron Bay's Bluesfest shows it pumped more than $230 million into the NSW economy this year (top) and fans at Bluesfest 2024 (below). Credit: Bluesfest.

Related Articles

29th August 2024 - E-Petition launched to secure NSW Government support for saving Bluesfest

14th August 2024 - Bluesfest organisers announce 2025 edition to be the very last

6th August 2024 - Live Performance Australia sets out priorities for future survival of live music industry

27th July 2024 - Parliamentary inquiry looks at future Australia’s live music industry

17th June 2024 - Bluesfest Byron Bay secures an award for Best Australian Music Festival

10th April 2024 - Creative Australia report outlines role of music festival sector and the challenges it faces

9th April 2024 - Bluesfest issues scam alert warning

2nd April 2024 - Bluesfest’s Peter Noble acknowledges Easter weekend festival success

14th December 2023 - Post-pandemic recovery of live entertainment led by international acts

10th January 2023 - Bluesfest reveals site improvements ahead of 2023 festival

25th August 2022 - Pollstar rankings show resurgence of Australian live entertainment in first half of 2022

8th July 2022 - Bluesfest puts communications systems from D2N Technology Solutions to use

18th April 2022 - Bluesfest kickstarts besieged Australian live music industry and supports flood-ravaged local community

3rd March 2022 - Bluesfest Director encourages festival attendance to support flood impacted communities

15th January 2022 - Confident Bluesfest organisers ‘charging towards April’

30th September 2021 - Bluesfest Chairman Peter Noble responds to NSW Government’s COVID roadmap

18th August 2021 - No Bluesfest Festival for 2021, as event reschedules to Easter 2022

19th May 2021 - Midnight Oil to headline Bluesfest’s rescheduled festival in October

21st April 2021 - Bluesfest named finalist for ‘Music Festival of the Decade’ by Pollstar

2nd April 2021 - Bluesfest cancellation to cost more than $10 million in losses

2nd April 2021 - Save Victorian Events highlight Bluesfest cancellation as confirmation of need for Governments to back event cancellation insurance

1st April 2021 - LPA calls for emergency Business Interruption Fund after government directive shuts down Bluesfest

31st March 2021 - COVID-19 case sees NSW Health Minister cancel Byron Bay Bluesfest


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