Foxtel has proposed stripping away Screen Australia’s funding for drama and documentary and using the money to cover the costs of raising the Location and TV Producer Offsets.
Remaining flexible and adapting to the needs of practitioners amid broader industry changes are among the chief concerns for Screen Australia when it comes to ongoing capacity building, industry development head Ken Crouch says.
The Federal Government has revamped the PDV and Location rebates in an effort to attract offshore productions to Australia
The Independent Pricing and Regulatory Tribunal has launched a wide-ranging review of local government compliance and enforcement practices
Production in Australia is booming. In the last four years, the Producer Offset, PDV Offset and the combined Location Offset and Incentive have resulted in a whopping $16.5 billion of economic output, and in the last financial year alone, created 20,600 jobs. However, a new report from Olsberg SPI suggests uncertainty about the future of the Location Incentive risks continued growth and infrastructure investment.
After more than a decade of lobbying by Ausfilm, crew, studios and other service businesses, the government announced at the Federal Budget it has decided to permanently lift the Location Offset to 30 per cent from July 1 this year.
The Media Entertainment & Arts Alliance has called on the Federal Government to raise the Location Offset tax rebate to 30 per cent when it launches its long-awaited National Cultural Policy on March 13.
The Producer Offset for Australian live action children's drama should be raised to 40 per cent and all platforms including streaming services be mandated to produce or co-fund children’s
content, according to the Media Entertainment and Arts Alliance.