The Australian screen industry is celebrating after the country’s Location Offset scheme was raised to 30%. The legislation, which was announced in May , was made law today and officially came into effect on July 1. It raises the rebate for TV and film productions shooting in the country from the previous 16.
5% to 30% and will likely trigger more overseas investment. Kate Marks, CEO of production body Ausfilm, hailed the change, saying: “This is fantastic news for the industry. The 30% Location Offset will provide certainty for international productions, supporting a stable pipeline of work for thousands of Australian screen workers and businesses, and triggering investment into new industry capacity and capabilities.
” Related Stories Cancellations and Renewals Australian Family Dramedy 'Bump' To End On Stan After Fifth & Final Season News 'Stuff The British Stole' Doc Series Adapted As Scripted TV Heist Caper; Wooden Horse, Warner Bros, Anchuli Felicia King & Ben Chessell Attached Australian TV and film bodies have been advocating for the rebate improvement for years, work that has become all the more vital as Australia attracts more and more international shoots thanks to generous regional rebate systems in states such as Victoria and New South Wales. International production is a central element of The Australian government’s Revive National Cultural Policy. “Australia has always been a great place to make films and TV: now, we are one of the most competitive,”.
