Australian films' share of the national box-office this year is destined to fall well short of last year's 3.5% and the 10-year average of 3.8%.
Screen Australia has confirmed Australian films have surpassed the all-time box office record of $63.4 million set in 2001, as IF has reported.
Disappointing debuts by The Rover and Galore have slowed the momentum of the Australian film industry after an encouraging start to the year in cinemas.
Barring a break-out hit or at least several strong performers, the B.O. total of Australian films this calendar year is highly unlikely to match 2013's $38.5 million.
Australian films have raked in $13.7 million at the national box-office this year, a brighter start than the first four months of 2013.
Propelled by Oddball and Blinky Bill: The Movie, next week Australian films are set to smash the record for the biggest B.O. total in a single year.
Screen Australia CEO Graeme Mason recognises the structural challenges facing independent films but does not subscribe to the view that this is a down year for Australian cinema.
Australian films are certain to sail past $70 million at the national B.O. next week helped by The Dressmaker.