Create NSW will now offer a 10 per cent tax incentive for post, digital and visual effects (PDV), which can be combined with the federal PDV offset, bringing the state's offering in line with South Australia and Queensland.
Legislation to implement changes to the Producer, Location and PDV Offsets has been introduced into the House of Representatives
A Senate committee has recommended the government temporarily raise the copyright cap on documentaries and work to strengthen Australia's PDV sector as part of its offset reform.
Screen Queensland is inviting expressions from the state's post-production, digital and visual effects companies for a new traineeship program designed to support early or mid-career professionals.
In a major overhaul of the regulatory system, the Federal Government is scrapping the fixed quotas for local drama, children's programming and documentary and harmonising the film and TV Producer Offsets at 30 per cent.
The post-production and VFX sector in Western Australia is poised to grow substantially, with the state government announcing a 20 per cent post, digital and visual effects (PDV) incentive.
Australia's struggling post-production sector has received a boost in the 2011 Federal Budget
The Australian Guild of Screen Composers has urged the Federal Government to impose a levy of at least 1 per cent on the combined advertising revenues generated in Australia by the tech giants including Facebook and Google/YouTube.