South Australia's government has put aside an additional A$1m ($577,000) a year over three years to invest in Australian and international films that either shoot or undertake post-production in the state. The figure represents more than double the government's current commitment.
Minister for Arts Diana Laidlaw announced the move as part of the 2000/01 budget. She referred to the "growing Hollywood domination of the film industry in the eastern states" and positioned South Australia as an ideal location for independent and smaller-budget films.
The money will be administered via the South Australian Film Corporation (SAFC), which already has a A$3m ($1.73m) Revolving Loan Fund for film producers. A further A$200,000 per year has also been granted to the SAFC's script, film and professional development programmes, and for establishing links with tertiary training institutions.