Ozzy Onya A2Z
Member
Full terms of the rebate will be announced on Tuesday 11 May, the night of the federal Budget. But the government is planning to introduce a 30% digital games tax offset as part of new investment incentives, which includes packages to help small businesses build on their digital capacity. Here's what our industry association had to say about it -
Source
I'm happy to see more being done to promote this industry locally. We've seen case by case grants and funding in recent years but this is wider reaching and deliberate effort to ease the cost of start up, relocation, local resource investment or risk taking. Overall a solid move with a pretty substantial ticker on it too.
“The Government’s new investment commitment today will do many things. It will spur the creation of brand new Australian game development studios, give existing Australian studios the support they need to take on ambitious new projects and accelerate their growth, plus attract further blockbuster AAA studios to Australia, all of which will create game development jobs in every state,” Ron Curry, CEO of the Interactive Games and Entertainment Association (IGEA) said.
Source
I'm happy to see more being done to promote this industry locally. We've seen case by case grants and funding in recent years but this is wider reaching and deliberate effort to ease the cost of start up, relocation, local resource investment or risk taking. Overall a solid move with a pretty substantial ticker on it too.