Australia's most popular film last year, The Sapphires, was named best narrative feature by an audience at the Palm Springs International Film Festival.
The Sapphires continues to enjoy international success after winning its third US film Festival Audience Award.
London-based Goalpost Film has sold Australian musical The Sapphires to France, Israel and Canada
Aussie filmmakers are now in position to encourage a broader range of investors into the sector, writes PwC Australia's Megan Brownlow.
Wayne Blair's feature debut will also open the Melbourne International Film Festival after its world premiere this Saturday in Cannes
"If we can't tell our stories in the way that we want to tell them, as musicians, actors, writers and dancers, then we aren't really telling the story of our country."