Get the latest gossip
Australia’s Recorded Music Industry Posts 10.9% Growth For 2023
The nation’s record market lifted by 10.9% to A$676 million, powered by subscriptions to music streaming brands.
That rate of growth for Australia, a top 10 market, the IFPI confirms in its newly-published Global Music Report, is in line with international trends. ARIA’s end-of-year charts “paint a clear picture of this,” notes Herd, with only four Australian albums impacting the top 100 for 2023, led by INXS hits collection The Very Best(at No. “We are fortunate that compared to other major global markets, our growth rates paint a favorable picture for the future of music in Australia,” adds Herd.
Or read this on Billboard