The Federal Government is looking for ways to maintain the independence of ABC and SBS while protecting them from future funding cuts, announcing a review into how the national broadcasters can be better supported.
ABC and SBS have welcomed the Federal Government's announcement of five-year funding terms as part of this year's budget, with the former also set to benefit from an additional $83.7 million across four years.
A multi-year funding commitment for the Australian Children's Television Foundation (ACTF) headlined support for the screen industry in Tuesday's Federal Budget.
The National Film and Sound Archive (NFSA) will receive a $2 million boost in today's Federal Budget as part of a funding package for national collecting institutions.
The games industry is among the early winners of next week's Federal Budget, which will include a 30 per cent Digital Games Tax Offset.
Thanks to Australia’s careful management of the pandemic, the industry is in the midst of a production boom. The government hopes to support the sector to leverage both this “once-in-a-century” opportunity and the global demand for content in the years ahead, writes Minister for Communications, Urban Infrastructure, Cities and the Arts Paul Fletcher.
The Federal Government has confirmed that Australian shows commissioned by Netflix, Stan and other streaming services will immediately qualify for the Post, Digital and Visual Effects (PDV) and Location Offsets.
The federal budget offers no extra support for the screen sector over the next three years apart from modest increases in funding for ABC news and for SBS programming.