Article 6H5MM Australian TV shows including Home and Away handed tax breaks in battle against Hollywood

Australian TV shows including Home and Away handed tax breaks in battle against Hollywood

by
Kelly Burke
from World news | The Guardian on (#6H5MM)

We want to see more Australian stories shown on screen,' arts minister Tony Burke says

Australian television shows such as Home and Away will be able to compete on a level playing field with Hollywood streaming companies such as Netflix, Apple Tv and Disney+, after federal government changes to tax laws in the industry.

Australian producers have long complained that local productions are unfairly disadvantaged because the tax breaks offered to the industry only apply to mega-budget productions that invariably only Hollywood studios can afford in Australia.

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