Weather and a changing world — not large corporations — behind downturn in Australia’s live music scene, inquiry hears

Byron Bay’s Splendour In The Grass is one of the more than 40 Australian music festivals that have been cancelled, evacuated, postponed or relocated in recent years. Photograph: Mark Metcalfe/Getty Images

Many of Australia’s live music business models are “broken and unsustainable”, a parliamentary inquiry into the crisis-hit sector has heard.

But overseas-based companies such as Live Nation and TEG, the large tour promotion multinationals that have come under criticism during the inquiry, are not the problem, the industry’s peak body says.