Nine major cultural and historical institutions in Australia will receive an extra $535.3m in federal government funding over the next four years.

The Australian National Maritime Museum, Bundanon Trust, Museum of Australian Democracy (Old Parliament House), National Archives of Australia, National Film and Sound Archive, National Gallery of Australia, National Library of Australia, National Museum of Australia and National Portrait Gallery of Australia will all benefit from this funding boost, according to the announcement ahead of next month’s budget.

The funding package includes a previously announced $33 million earmarked for the National Library’s digital archive Trove.

Museum of Australian Democracy, Old Parliament House, Canberra. Photo Flickr.

The government has flagged that the institutions will receive indexed funding beyond the four years, allowing institutions to meet their current financial obligations and invest for the future.

The government has pledged to establish “a clear line of sight” over future capital works and improvements to ensure the institutions do not fall into disrepair in the future. The efficiency dividend requirement, which was first imposed under the Hawke government in 1987 and requires Commonwealth entities to reduces budgets each year in anticipation of efficiencies being found, will...