Hollywood the big winner in $140 million film funding boost

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Hollywood blockbusters looking to shoot in Australia will have access to a new $140 million pot of taxpayer funds over four years from July 1.

The boost to the location offset for foreign film production was announced by federal government ministers Julie Bishop (foreign affairs), Mitch Fifield (arts) and Steven Ciobo (trade, tourism and investment) at the Village Roadshow Studios on the Gold Coast on Friday morning.

The studio – which is the largest in Australia, with nine sound stages and an enormous backlot – stands to be the largest beneficiary of the funding boost.

See more at The Sydney Morning Herald

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