The Interactive Games and Entertainment Association is lobbying the government to establish a direct funding program similar to the now-defunct Australian Interactive Games Fund in order to support independent game developers.
The Federal Government will provide an additional $19.6 million over two years from 2023 to expand the Digital Games Tax Offset so that it covers ongoing development work—known as ‘live ops’—on digital games following their release.
New South Wales has joined South Australia in widening its 10 per cent post, digital and visual effects (PDV) rebate to include game development.
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.