New South Wales launches AU$20m film fund
In a bid to attract more major international blockbusters to the area, the state government of New South Wales in Australia has announced the launch of a new AU$20m film and television fund.
Called Made in NSW, the scheme was confirmed by the Deputy Premier of New South Wales Troy Grant on his Facebook page, where he said: “Today I launched Made in NSW, a AU$20 million fund managed by Screen NSW and aimed at supporting major Aussie TV drama and international film and TV productions.
“This will mean up to 10,000 more jobs, over AU$300 million flowing to our local communities and a big boost in tourism.”
According to the Sydney Morning Herald, Grant also said the fund was “a warning to the other states in Australia that we're taking you on and we're going to beat you."
The Made in NSW fund doubles the amount of tax money currently being allocated to support TV and film in the state whose capital, Sydney, recently welcomed Ridley Scott’s Alien: Covenant to its Fox Studios Australia facility.
The film is estimated to be spending around AU$60m in the country and received a one-off payment package as a top-up in an attempt to keep Hollywood blockbusters coming to the area.
For more on filming in Australia, please go to our Production Guide.