Plans for an Australian link to Bob Geldof's Live 8 concert event have fallen through.

Plans for an Australian link to Bob Geldof's Live 8 concert event have fallen through.

According to Sydney-based promoter Michael Chugg, managing director of Michael Chugg Entertainment, an undisclosed investor was willing to put up A$500,000 ($380,000) to stage the concert in Sydney on July 2. However, the investor pulled out when Live 8 organizers said it would be unfeasible for the worldwide telecast to include the Aussie show.

"We'd have loved to have done it, but it came down to finding the money for it," Chugg says.

The original 1985 Live Aid telecast included a performance at the Sydney Entertainment Center, featuring such acts as INXS, the Angels and Rose Tattoo. Australian audiences contributed millions of dollars to the Live Aid appeal.

Brian DeCourcy, managing director of Melbourne-based Brian DeCourcy Management, says an Australian appeal would not have worked. DeCourcy was one of the promoters of the Australian Live Aid show.

"Australians have given millions of dollars to the Indian Ocean tsunami victims, who are at their doorstep," He says. "Besides, Australia is not a G8 country and there would have been very little interest from the public in donating."

Geldof conceived Live 8 as a poverty-awareness event, and has stressed that its function is not to raise money but to influence world leaders ahead of the G8 summit in July 6-8 in Gleneagles, Scotland.

Nashville-based Australian country singer Keith Urban is performing at the Philadelphia leg of Live 8, and could be joined by another Australian act, Jet.

Live 8 concerts will be staged in London, Philadelphia, Paris, Berlin and Rome.