Australia news

Government’s simplified reform package will help incentivise investment in Australian content


Wednesday 30 September 2020 – The Australia New Zealand Screen Association (ANZSA) today welcomed the Government’s announcement to simplify Australian screen content regulation. The reforms outlined by the Government will incentivise the continued growth and investment in Australian content.

Paul Muller, CEO of ANZSA said, “We appreciate the considered and balanced approach Minister Fletcher has taken towards the announcement today. This package of reforms will ensure Australian consumers continue to enjoy an unprecedented amount of quality Australian content.”

Since the introduction of streaming services in Australia in 2014/15, investment in Australian stories has increased by 80% to $768m in 2018/19 – the highest level ever[i]. Before the Covid-19 pandemic halted all film and TV production, this year was on track to exceed that record. The appetite for quality screen content has increased during lockdown, but practical issues were threatening the ability to get new productions financed.

After decisive action with the introduction of the Temporary Interruption Fund, the Government has demonstrated its continued commitment to the sector with the increase in the Producer Offset TV to 30% and the additional funding announced today for Screen Australia and the Australian Children’s Television Foundation.

Matt Vitins, Chief Operating Officer of Matchbox Pictures, said, “This is a sensible policy approach and we welcome the move to a 30% offset for Australian television. This brings the offsets into a coherent scheme and one which will provide foundational support for the production of first-class Australian content.”

Muller continues, “Today’s announcement rewards investment in quality. The proposed changes will incentivise greater investment in outstanding Australian stories that will resonate with both Australian and international audiences.”

The Government’s commitment to simplify regulation and commit new funding will go a long way to help the industry emerge from the setbacks of 2020.

Muller concludes, “These have not been easy times for anyone involved in the screen industry, however, Australia’s response to the pandemic and the innovative spirit exemplified by Australian filmmakers, means we are now in a position to resume, and then exceed, previous production levels and create content not just for the local market but right around the world.”

[i] Screen Australia Drama Report 18/19,