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Thor and Aquaman boost Australia filming

Thor Ragnarok

Production spending from international features and TV shows in Australia rose to an all-time high in 2016/17, a new report has found.

Superhero movies Thor: Ragnarok (pictured) and Aquaman, and action sequel Pacific Rim: Uprising, contributed to international production spending of AU$567m, more than double that of the previous year, according to Screen Australia.

American drama series The Leftovers contributed to overall international TV spending of AS$43m, a year-on-year television increase of nearly 40%.

In addition, 34 international projects – including Spider-Man: Homecoming – came to Australia purely for post, digital and visual effects work, for which the country offers separate tax credit support.

“The financial dividend from foreign feature production is undeniable and is of particular benefit to our crews who have the opportunity to work on big budget projects,” said Graeme Mason, CEO of Screen Australia.

Australia’s main international filming incentive is a 16.5% location offset. This figure falls below many of the country’s international competitors so the largest Hollywood studio movies frequently negotiate additional support payments that brings the rebate closer to 30%.

New South Wales remained Australia’s production hub in 2016/17, when both international and domestic shoots were taken into account. 

The bigger Hollywood productions – including Thor: Ragnarok and Aquaman – often use Queensland’s expansive studio facilities as a base. 

See KFTV's production guide for more on filming in Australia.

Image: Marvel Studios/Disney

 



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