Reported about 1 year ago
Australia's screen industry celebrates as the country's Location Offset scheme is raised to 30%, up from the previous 16.5%, providing certainty for international productions. The change, effective from July 1, is expected to attract more overseas investment and support Australian screen workers and businesses, contributing to increased industry capacity and capabilities. Advocated for by Australian TV and film bodies, the increase aims to make Australia a more competitive location for large-budget productions, benefiting the entire Australian screen sector.
Source: YAHOO