Arts and Culture Sector Banked $160 Billion in Revenue, Study Finds

Archie Roach (C) performs during the 2009 ARIA Fine Arts Awards (Australian Recording Industry Association) at the City Recital Hall in Sydney, Australia on Sept. 29, 2009. Gaye Gerard/Getty Images

Australia’s cultural and creative industry has earned the majority of its income from sales rather than relying on allowances and donations, a new study has found.

The industry earned 87 percent of its income from sales and services, according to new research by the arts and culture think tank, A New Approach (ANA).