Streaming services to now benefit from Australian production incentives | VOD | News | Rapid TV News
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Australia is now offering production incentives to domestic and international video streaming platforms, following a government move to extend the eligibility criteria of its post, digital and visual effects offsets.

Australian flag 15 AprilTelevision and miniseries distributed through digital entertainment platforms are now able to claim refundable tax offsets, as long as they also meet other criteria.

The move is intended to boost Australia’s production sector by encouraging the making of original productions for video streaming services.

“Increased demand for our screen skills is essential to developing a sustainable sector,” said Australia’s communications minister Mitch Fifield.

“Large-budget productions strengthen Australia’s capacity to produce high-quality stories for Australian and international audiences by providing skills development and training opportunities that go significantly beyond what can be achieved on smaller-budget productions,” he added.

So far, Netflix has commissioned two Australian originals: Lunatics,a new series from comedian Chris Lilley which will launch on 19 April, and Tidelands made by Hoodlum. The US streaming giant has also partnered pay-TV operator Foxtel for Secret City: Under The Eagle and Australian Broadcasting Corporation and Matchbox Pictures for Glitch.

Local streaming service Stan has completed more Australian-made original productions, including the forthcoming series The Gloaming; Bloom; the local and US versions of No Activity; as well as TV versions of Wolf Creek and Romper Stomper.

Australia’s incentive programMEs include the 30% post, digital and visual effects offset, a 16.5% locations offset and a locations incentive, capped at $25 million a year.