Bluesfest collapsed owing millions to — blame a regulation gap

The collapse of the Byron Bay Bluesfest music festival just weeks before the Easter calendar and after receiving up to $3.4 million in taxpayer aid since 2021 has revealed a huge gap in Australia’s live entertainment industry.

The decision to liquidate Bluesfest Enterprises Pty Ltd was lodged with the Australian Securities and Investments Commission on Friday. about 23 million dollars and thousands of ticket holders were left out of pocket.

But for a festival that charges at least $5.6