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
I don't think you're being
Thu, 17 May 2007, 10:48 amI don't think you're being unfair. I think this is the general feeling about Aussie film products at the moment. I think because the standard has decreased over a period of time, most people in the back of their minds are now looking at Aussie produced stuff in a bad light. And then when it becomes a hit overseas, we're surprised.
Or perhaps we have simply gotten into a rut comparing old classics or Aussie blockbusters, with what's being produced now, which is in quite a different style.
We have to also remember (and you point it out without realising it) that more and more people are staying home with their DVD players, and that movie tix sales are becoming less important as movie more and more recoup their costs at the local video store. (Hey, Futurama was brought back to TV because of their DVD sales)
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