Screen Australia will provide up to $3 million in enterprise funding to selected production companies following a positive survey of the initial recipients
Five of the 10 established companies which received funding increased annual net profit in 2009-10 by an average of 50 per cent
The big-budget film will feature Frankenstein's Monster, The Invisible Man and Dracula
The New South Wales government has invested more than $3.3m across 14 screen productions, including French-Australian co-production The Grandmothers
Local horror film I, Frankenstein is set to begin its 10-week shoot in Victoria next week
The films, to be directed by Rachel Ward and Anthony Maras respectively, are among the most advanced at the company.
The Sapphires is set to be Hopscotch/eOne's most ambitious local release since Mao's Last Dancer in 2009
Hopscotch contributed 15.8m pounds to eOne's revenue and 1.8m pounds to the group's annual pre-tax profit