The expected flood of applications from overseas producers for the Federal Government's seven-year, $400 million extension of the Location Incentive Program (LIP) could prove to be a challenging exercise for the authorities.
The Federal Government has announced a seven-year, $400 million incentive to attract film and television productions to Australia.
The Federal Government is keen to stress that applications for the $140 million Location Incentive Program are still being accepted - although only $18 million remains to be allocated.
Mario Andreacchio had to overcome severe health problems including a heart attack, a stroke and diabetes in his long quest to realise the dream of making The Alchemyst.
The Hollywood studios and other international producers that were hoping to take advantage of the Federal Government’s $140 million Location Incentive Program over the next few years may well be disappointed.
In a dual boost for the Victorian screen industry, Dick Cook Studios (DCS) will shoot two movies at Docklands Studios as the facility unveiled plans to build a sixth sound stage costing $46 million.