A new state government funding program will give international filmmakers another incentive to use Queensland’s post-production facilities, with a 10% rebate now available for major projects.
The new Post, Digital and Visual Effects Attraction Grant (PDV-AG) is open to eligible international and national film and television projects that spend a minimum of $500,000 on PDV.
Premier Annastacia Palaszczuk said the new rebate would put Queensland in a competitive position to attract large international and national post-production projects.
‘We have a track record of attracting productions to film in Queensland and we want to build on that momentum and provide a one-stop shop for productions to make their entire projects here, right through to post-production,’ the Premier said.
‘Similar incentives overseas and interstate have seen the establishment of post-production hubs in those areas, contributing to a lucrative global industry worth US$15 billion annually.
‘We will continue to work closely and collaboratively with the Queensland post-production sector to leverage this opportunity worldwide.’
Queensland is home to world-class PDV companies and facilities, with a wealth of talented specialists and a track record of delivering high-end international film and television productions.
The Australian Government also offers a PDV offset, which can be combined with the Queensland incentive to create larger benefits for eligible companies.