Australia Increases Location Offset for Inbound Productions to 30%

Australia has long been recognized as one of the top destinations for international film and TV productions, and its status is set to soar even higher with the recent announcement of a significant increase in the Location Offset. The offset, which will rise to 30% from its current 16.5%, was revealed as part of Australia’s 2023-24 national budget by federal treasurer Jim Chalmers.
This move underscores Australia's unwavering commitment to fostering a thriving environment for international productions, affirming its position as a premier destination for filmmakers across the globe. With this enhanced incentive, Australia is poised to attract even more high-profile projects, further solidifying its reputation as a hub of cinematic excellence.
The decision to raise the Location Offset is a testament to Australia's dedication to supporting the film and TV industry, and it reflects the country's recognition of the significant economic and cultural benefits that these productions bring. As Australia continues to make strides in the world of filmmaking, it stands ready to welcome filmmakers from around the world to its shores, offering unparalleled opportunities for creativity and collaboration.