AUSFILM CELEBRATES GOVERNMENT'S COMPETITIVE LOCATION INCENTIVE

AUSFILM CELEBRATES THE GOVERNMENT’S PLAN

TO CREATE JOBS FOR AUSTRALIAN FILM & TV BUSINESSES AND CREW

Friday 4rd May 2018 - Ausfilm, the peak industry association that represents film and television

businesses, welcomed the announcement from Minister for Foreign Affairs and Trade, The Hon. Julie

Bishop MP, the Minister for the Arts, Senator The Hon. Mitch Fifield and Minister for Tourism, Trade and

Investment, The Hon Steve Ciobo MP, that the Government will provide a competitive AUD$140million

Location Incentive Fund delivered over four years from 2019 – 20.

Debra Richards, CEO of Ausfilm, said "This is outstanding news for Australia’s crews, technicians, studios,

VFX and post-production facilities and any business that benefits from large scale international screen

production across Australia (e.g. hotels, taxis, hardware stores, equipment suppliers, restaurants)."

Large-scale international (footloose) productions contributed over $600 million in foreign direct

investment to the Australian economy in FY17. With a certain and clear competitive Location Incentive,

Australia will be able to secure up to another $200 million per annum in additional production value.

Ausfilm’s recent research, in partnership with PriceWaterhouseCoopers, on The Value of Global Footloose

Production* documents the trends and policy measures that shows Australia is not alone, footloose

production has delivered positive economic growth in every jurisdiction studied.

The Australian Government has created a positive policy change to enable Australia to attract more

foreign productions Down Under. Australia can now compete globally with territories like New Zealand,

Atlanta, Canada and the UK who have been highly successful in attracting large-scale productions that

deliver significant direct foreign investment into their country’s economies, employ thousands of screen

production personnel, grow their domestic screen industry and provide investment into technology and

infrastructure.

"This will be a tremendous boost to the Australian businesses in the industry and help to secure those

same jobs for our crews, technicians and creatives. This will also provide work not just in our screen sector

but also across a wide range of sectors in Australia. It will deliver new sources of revenue and innovation. It

also contributes to developing skills and training opportunities of Australia’s crews and technicians in

businesses like sound, music and post-production or visual effects. It is a major development opportunity

for creative Australian screen talent and will ensure our film and television industry grows in size and

expertise like Canada and the UK." Ausfilm’s Richards said.

Richards said "We are extremely grateful for the Government’s ongoing support of the Australian screen

industry. The last three big-budget international productions that have filmed in Australia: Aquaman; Thor:

Ragnarok; Alien:Covenant; made the choice to film here thanks to the Australian Federal Government

topping up the Location Offset to 30%. Without this competitive incentive these films would have gone

elsewhere."

* To download Ausfilm’s Report on The Value of Global Footloose Production click here.

MEDIA ENQUIRIES

Rachelle Gibson

Director of Marketing & Industry Partnerships, Ausfilm

T: + 61 2 9383 4192 E: [email protected]

ABOUT AUSFILM

Ausfilm connects international filmmakers with Australia’s talent, screen agencies, studio complexes,

locations and production facilities. On behalf of the Australian Government Ausfilm markets Australia’s

Screen Production Incentive Scheme which comprises the Location, PDV (post, digital and visual effects)

and Producer Offsets. Ausfilm is an Australian industry – government partnership. It comprises

Australia’s Federal and State Governments; the major studios; leading post, sound and visual effects

facilities; and production service providers. Ausfilm has offices in Los Angeles and Sydney. For more

information visit www.ausfilm.com. ---

/Public Release. This material from the originating organization/author(s) may be of a point-in-time nature, edited for clarity, style and length. The views and opinions expressed are those of the author(s).