Not normally a reflective person, it is now perhaps opportune to take a short look back and relate the best things about working as an accountant to you. To many of you I have been your trusted and hardworking accountant for many years, having started way back in November 1985.
Since we are well into the 2021, I feel some optimism that there is a sense that the economy and life in general is improving.
As a result of the COVID-19 pandemic and its effects on the arts industry, the Standing Committee on Communications and the Arts is holding an inquiry into Australia’s creative and cultural industries and institutions.
As a result of the pandemic and in response to industry concerns about a downturn in the arts, especially in the performing arts sector, the Federal Government announced a $250m arts rescue package and announced it with great fanfare.
Taxation treatment of the arts is one of the many issues that have been neglected by governments of all persuasions over the last eighteen to twenty years. Now it is time to start a serious conversation about tax reform for the arts.
Finally, as the horrific summer 2019/20 season of bushfires comes to an end, with the benefit of hindsight we are able to observe the aftermath of the disaster that has befallen our nation.
As part of Lowensteins' commitment to the arts and improving the cultural climate of Australia, I have become involved with Melbourne University to put together an ARC Linkage project proposal for reform of the visual arts sector in Australia.
For those of you who may have noticed that I have been more distracted than usual at the office over the past few months, it was because I have been preparing a major paper on The Taxation of Art and Collectables for the Tax Institute.
On a beautiful Friday autumn afternoon on the Mornington Peninsula, I had the wonderful pleasure of being present at a Wheeler Centre function to hear my great hero, Simon Schama, expound his views on all manner of subjects.
As we approach the May 2019 election date, it is timely to ask ourselves, as advocates for the arts, ‘What does the next Government hold for arts policy in Australia?'