This article by Paul Daley tackles the issue.
But wait, there's more ...
The focus to date has been largely on the impact of the cuts on small-to-medium companies and organisations, but as Alison Croggon points out in an article in today's Guardian, ‘this has obscured where the real damage is happening. The number of Australia Council grants to individual artists and projects has decreased by a staggering 70% since the 2013/14 financial year.’
This 70% reduction ‘particularly hits artists such as writers and visual artists, who mostly work alone.’
And then a fierce, impassioned article from Richard Flanagan. In it, he picks out a particularly revealing (and chilling) quote from the Productivity Commission report: