New incentive boosts Queensland film and television industry

Queensland will introduce a Post-Production Incentive to attract more post-production work to the state.
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The Queensland Government yesterday announced a new incentive scheme to attract more domestic and international film and television projects to Queensland.

Speaking at the Screen Producers Association of Australia (SPAA) Conference on the Gold Coast yesterday, Minister for the Arts Rod Welford said the incentive was designed to attract and retain post-production work.

“This incentive scheme is good news for our film and television industry because it will make Queensland a one-stop shop for filmmakers,” Mr Welford said.

“A major international production with a budget of $50 million can spend up to 30 per cent of this amount on post-production – editing the picture and soundtrack, adding visual or special effects and adding audio sound effects.

“This scheme will provide an incentive for that work to be done in Queensland.

“It rounds off an attractive overall package for producers to bring their projects to Queensland, allowing us to target both interstate and offshore production and generate new business and export opportunities.”

Under the new scheme, companies that spend more than $1 million on post-production with Queensland firms will be eligible for the incentive, receiving $100,000 for spending between $1 million and $1.99 million.

Companies can receive $200,000 for spending between $2 million and $2.99 million and up to $300,000 for qualifying expenditure in excess of $3 million. All of the amounts are capped on a per production basis.

Mr Welford said a strong post-production sector was critical to retain talented staff in Queensland and for companies to keep pace with technological advances.

“Queensland is already renowned for its world-class post-production sector and is thought of highly by international film companies,” he said.

“Now, combined with the Cast and Crew Salary Incentive, Head of Department Incentive and Payroll Tax Rebate, Queensland is definitely a one-stop shop for filmmakers.”

The incentive scheme will be administered by the Pacific Film and Television Commission and will come into effect within the next month.

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