Federal efficiency dividend

In the lead to the 2010 federal election, Artspeak, a collection of national arts peak bodies, lobbied for a reduction in the proposed efficiency dividend from 1.25% to 1%, concerned by the capacity of the Australia Council to subsume the cut.

The consequent application has resulted in cut-backs being passed onto grant recipients, with many funded organisations receiving funding installments with annual increases less than CPI.

Artspeak_media_release_August_2010

Canberra_Times_article_8_March_2011