National Library of Australia Faces Budget Cut
From The Canberra Times:
Some of Canberra’s cash-strapped cultural institutions are scrambling to cope after being hit with a 3 per cent “efficiency dividend” cut to their budgets this week by the federal government.
Most of the money saved will then go to Hollywood studios to help them film blockbusters in Sydney.
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After recording a $10 million deficit in the last financial year, the library will have to trim $1.5 million from each year, based on the $50 million in government funding it received from the Commonwealth in 2014-15.
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Filed under: Funding, Libraries, National Libraries, News
About Gary Price
Gary Price (gprice@gmail.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.
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