The Australia Financial Review described such impact from COVID-19 a cultural recession.
Paul Fletcher, the Minister for Communications, Cyber Safety and the Arts in the Australian Government, said the epidemic could be the largest devastation to the country's cultural life since many centuries.
"It is clear that COVID-19 presents significant issues for our arts organizations – and like all Australians, they are showing great community spirit in calmly and efficiently dealing with the circumstances they are facing in the near-term so we can come through this challenging period," Fletcher said.
According to related cultural practitioners, Australian cultural sectors can hardly benefit from the present economic policy. And without the direct financial support from the government, middle and small cultural and creative sectors and some cultural institutions would be on the edge of bankruptcy due to the epidemic.
