Skyrocketing Insurance Costs Put Australian Shows, Festivals at Risk

Skyrocketing Insurance Costs Put Australian Shows, Festivals at Risk
Visitors to Sydney's Luna Park fun fair enjoy bright autumn sunshine in Sydney, Australia, on June 2, 2014. Peter Parks/AFP via Getty Images
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The Australian amusement industry has raised concerns that state shows—known as fairs in U.S.—festivals, and school fetes across the country could be shut down after surges in insurance costs have led to amusement vendors finding it difficult to obtain operating insurance.

The Australian Amusement, Leisure and Recreation Association (AALRA) said prices of insurance coverage for local businesses had soared by 300 percent in the last few years.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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