Patrick Frater Asia Bureau ChiefThe Australian federal government will offer some $280 million ($400 million AUD) to attract large inbound foreign film productions.
The measure was announced Friday local time by Prime Minister Scott Morrison.The new Location Incentive plan will provide cash grants over the next seven years.
It is in addition to Australia’s Location Offset system, under which projects can receive rebates for production and post-production work done in the country.The Location Incentive program also follows a $175 million ($250 million AUD package) revealed last month to support the wider arts and entertainment sector recover from coronavirus.
Read more on variety.com