In its pre-budget statement of 7 May the Australian Government announced additional funding of $7.1M over two years for Bundanon Trust.
Bundanon’s CEO Deborah Ely AM and Chair Jennifer Bott AO commented:
With these new resources Bundanon will be able to successfully launch its ambitious new art museum and creative learning centre later this year, becoming a national tourist hub in regional Australia, and increasing employment and prosperity in the Shoalhaven. In addition, the company will leverage this Government support to increase self-generated revenue, creating a new model of sustainability for the arts in Australia.
We thank the Government for this recognition of Bundanon’s unique status in the Australian cultural sector as a place for creation, education and immersion in the landscape.
This additional revenue is comprised of $3M per annum for FYE 2022 and 2023, and an additional $1.1M to address legacy maintenance issues across the company’s heritage estate.
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