Did Mushroom Make Skyhooks or Skyhooks Make Mushroom? Noise11 Asks Greg Macainsh - Noise11.com
Greg Macainsh, Skyhooks. Photo by Ros O'Gorman

Greg Macainsh, Skyhooks. Photo by Ros O'Gorman

Did Mushroom Make Skyhooks or Skyhooks Make Mushroom? Noise11 Asks Greg Macainsh

by Paul Cashmere on January 24, 2025

in News

Skyhooks’ debut album ‘Living In the 70s’ was a massive success, so much so that it Mushroom Records as the number one Australian record label, a title it arguably holds to this day. But did Mushroom make Skyhooks or Skyhooks make Mushroom.

As we reflect on the 50th anniversary of ‘Living In The 70s’, Skyhooks co-founder and principal songwriter Greg Macainsh spoke to Noise11.com.

Greg recalls how there was nothing really before Skyhooks to base sales success on. “Mushroom, I heard they didn’t have a lot of money,” he said. “There was no precedent for selling records and making a profit really in Australia but Australian companies. Daddy Cool, sure they sold a few records and Billy Thorpe sold a few but it really wasn’t serious amounts.

By 1974 standards, ‘Living In the 70s’ was a costly exercise and a huge gamble for Michael Gudinski and Mushroom. Greg says, “I think the ‘Living In The 70s’ album might have cost $10000 to $15000. At that time you could buy a two bedroom flat in East Malvern with that. By today’s dollars it was probably $700,000. It was a massive amount of money to invest in an album. We did it quickly within three weeks but studio time as expensive back then. It was like 100 something bucks an hour in 1974 money so it was a very expensive process”.

Greg has no doubt that it was Michael Gudinski’s leap of faith that contributed to the success of Skyhooks. “Michael took the risk. I think some of his business partners thought he was crazy but it paid off. Just as well because if it hadn’t Mushroom might have gone bankrupt. Michael was the sort of guy, as you know, he was a fighter. He would have promoted something else that worked and we all got lucky at the same time”.

Check out the full Noise11 interview with Greg Macainsh of Skyhooks.

Skyhooks debut album ‘Living In The 70s’ has been reissued for its 50th anniversary.

Stay updated with your free Noise11.com daily music news email alert. Subscribe to Noise11 Music News here

Be the first to see NOISE11.com’s newest interviews and special features on YOUTUBE and updated regularly. See things first SUBSCRIBE here: Noise11 on YouTube SUBSCRIBE

Noise11.com

Noise11 is now on Bluesky. Follow us at

Related Posts

Shirley Strachan Skyhooks (photo from skyhooks-music.com)
Shirley Strachan of Skyhooks Left Us 24 Years Ago Today 29 August

It’s hard to believe it’s been 24 years since Australia lost one of its most iconic musical sons—Graeme “Shirley” Strachan, the charismatic lead singer of Skyhooks. Today, on 29 August 2025, fans, friends, and fellow musicians remember the voice that defined a generation, the performer whose presence lit up stages, and the personality who made Australian rock both fun and unforgettable.

August 29, 2025
Russell Morris at Hamer Hall Melbourne 27 August 2025 photo by Winston Robinson
Russell Morris The Farewell Tour Is A Treasure Trove Of Hits and Rarities

Russell Morris was almost apologetic when he stepped onto the Hamer Hall stage in Melbourne for the first night of The Farewell Tour on Wednesday (27 August 2025). He admitted to his fans that a 60-year career can look confusing from the outside. The truth is, Morris was never one to sit still.

August 28, 2025
Steve Martin and Alison Browne photo from Compass Records
Steve Martin and Alison Brown Unite for Safe, Sensible and Sane Out October 17

Steve Martin has spent decades balancing comedy, acting, writing and music, but his love for the banjo has always been more than a hobby. On October 17, Martin will join forces with banjo trailblazer Alison Brown for their new collaborative album Safe, Sensible and Sane, a star-studded roots music project set to be one of the year’s most intriguing releases.

August 26, 2025
Tom Waits supplied by Anti
Tom Waits To Reissue 1975 Classic Nighthawks at the Diner For 50th Anniversary

Tom Waits’ Nighthawks at the Diner is being reissued for its 50th anniversary on October 24, with ANTI- Records pressing the landmark album onto three limited-edition yellow vinyl variants. More than just a re-release, this marks a celebration of one of the most unusual and defining recordings of Waits’ early career.

August 26, 2025
Queen autographed A Night At The Opera
Why Queen’s Quietest Member John Deacon Chose to Become a Recluse Until This Rare Return

For fans of Queen, John Deacon has long been the enigma of the band, a brilliant musician, masterful songwriter, and humble presence behind the scenes. Since the early 1990s, Deacon has shunned the spotlight, retiring quietly after Freddie Mercury’s death in 1991. But now, years later, he has quietly resurfaced, lending his signature alongside bandmates Roger Taylor and Brian May on a charity auction item, signalling, perhaps, that even the most private of souls can still make their mark in unexpected ways.

August 25, 2025
Patti Smith Horses 50th Anniversary
Patti Smith ‘Horses’ Gets 50th Anniversary Reissue With Unearthed Demos and Live Cuts

In 1975, Patti Smith entered Jimi Hendrix’s Electric Lady Studios in New York City with a vision: to fuse the jagged energy of punk with the fluid imagery of poetry. That vision became Horses, one of the most groundbreaking debut albums in rock history. Now, half a century later, Sony has announced the 50th Anniversary Expanded Edition of Horses, a release that both celebrates the legacy of the record and offers fans newly unearthed material from Smith’s early years.

August 25, 2025
Bruce Springsteen Born To Run
Bruce Springsteen’s Born To Run Album Turns 50

On 25 August 1975, Bruce Springsteen released Born To Run, the album that transformed him from a New Jersey barroom songwriter into one of the most important voices in rock history. Fifty years later, the record still stands as a landmark, both for its ambitious sound and for the way it defined Springsteen’s career.

August 25, 2025