Presented by Robert Clark MP		www.robertclark.net

Budget funding for TV and film script development and production

Victoria's film and television industry is to receive $12 million additional funding over the next four years.

The incentives are expected to generate up to $48 million in production a year and create more than 1300 jobs.

Victoria’s film industry provides cost-competitive production with diverse and accessible locations, an advantage that would be further enhanced by the Paramount Viacom Studio proposed for Docklands.

The annual incentives will be divided between two programs to support film-makers in script making and to attract productions to the State:

• The Production Investment Attraction Fund (PIAF) will get $2 million a year to attract domestic and international film and television productions to Victoria. Incentives will be provided after assessing potential use of local expertise, facilities and finance.
• $1 million a year for a Script Development Fund to be used primarily to develop scripts in conjunction with the successful Film Licensed Investment Companies.