Federal Budget Bad for Film Business
Fri, 11 May 2007, 01:17 pmLabrug27 posts in thread
Federal Budget Bad for Film Business
Fri, 11 May 2007, 01:17 pmThe most recent federal budget announced that $300 million would be set aside for Film and Television Production, including rebate incentives of 40% for Australian Films and 20% for TV.
This is offset by the plan to abolish what is known as the 10AB Incentive. This allows for producers to write off 100 per cent of their costs as a tax deduction and has stimulated the film industry in recent years. There are concerns that the removal of this incentive will see a drop in film production.
Read the Official Alliance Press Release here. Uncertain Future for Aussie Arts.
Absit invidia
Jeff Watkins
Perth based Actor/Performer
Fight/Sword Choreographer
Virgin Director
Objective?
Tue, 15 May 2007, 01:14 pmHow about we start this discussion again, but have more definitive terms? Like what do you define as successful?
Is it the ones that made money? Or is it the ones that win awards? Is it both?
As usual, we have hit on the more obvious point of: all art is subjective and therefore one man's likes are another man's dislikes.
And it does not detract from the original statement, which is that the government is doing its best to hamper any good (whatever that may mean to you) local creativity.
Edit: Labrug brings another point. Wolf Creek may have died here, but it was a big international hit. I'd say more and more of our films are bigger overseas than they are here.
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