JULIE BISHOP: Graham, thank you for welcoming us to your studio here, and I believe the last time I was on this set was the filming of Thor: Ragnorok, and what a great Australian production that turned out to be - a marvellous film.
Thank you for having us here today Graham, and for a very important announcement. I began my day with a run along the beach of Surfers Paradise, and I was reminded yet again why it is that Queensland in particular, but also Australia more generally, is such a sought after location for film and television production from around the world.
I thank my colleague Stuart Robert for welcoming us to his electorate here in Fadden. I acknowledge my colleagues, my Ministerial colleagues in Mitch Fifield, the Minister for Communications and the Arts, Steve Ciobo, the Minister for Trade, Tourism and Investment and of course the Member for Moncrieff, Jane Prentice, the Minister for Disability Services and the other bevy of Queensland Members, Luke Howarth, Ross Vasta and Bert van Manen - we’re all here today because we support Australia’s creative industries.
Australia has some of the most talented people on the planet. They are innovative, they are imaginative, they are enterprising, and this creative talent can actually be quantified. Research shows that Australia’s creative industries contribute $90 billion to our GDP - $90 billion.
One of the most valuable components of our creative economy is the film and television production sector. We have, as Graham said, some of the most talented people on the planet. When a film is produced in Australia, the array of talent available to that production is awesome. Whether they be actors, thank you Luke Bracey for being here today, writers, producers, directors, but also skilled artisans in set design, in cinematography, in animation, in make-up, costumes, you name it. We can do it here better than anywhere else in the world. And when a large scale film production is in Australia, on average, about 3,000 of our talented people are employed on that film, about 6,000 local businesses provide goods and services in support of a large budget film production.
It’s a highly-competitive world. Other nations are providing incentives to attract international investment to ensure that a large budget film is produced in their country. Australia is a very popular destination because of our skilled and talented workforce and our extraordinary locations, whether they be here in Queensland, or in far north Western Australia, or in Tasmania or in Sydney or anywhere in between. We have some of the most spectacular and diverse landscapes, backdrops, settings that one could imagine.
Of course, we know that we have to compete for global capital which will go to the most attractive destination. Many countries are offering very generous tax measures to attract that global capital. We must remain competitive. We already have in place a suite of tax measures but today, I am pleased to announce an additional component to our strategy to attract international investment to Australia.
The Turnbull Government, under the leadership of the Arts portfolio of Senator Mitch Fifield, will provide a Location Incentive program. This will mean $140 million over four years will be available through a competitive grants scheme. This will mean that our talented, skilled actors, producers, set designers, costume makers, make-up artists, the whole gamut of talent, has an opportunity to continue to work in Australia. A pipeline of films means more job opportunities for Australians, not just here in Queensland, but across our great land. So, it is with immense pride that I announce our Minister for Communications and Arts, the Senator Mitch Fifield, to go through the detail of what this announcement will mean. Thank you Mitch.
- Minister's office: (02) 6277 7500
- DFAT Media Liaison: (02) 6261 1555