NSW government support lured big-budget productions like Thor and the new Mad Max film to NSW. Now that support could be axed.
MEAA’s chief executive Eric Madeley said it was bitterly disappointing that the government was persisting with the cuts and union members would meet next week to decide their next move.“Over 4000 screen technical and crew roles will be affected by effectively creating a screen production drought overnight - the incentives elsewhere will make that inevitable. That’s over 500 cast members, 1600 or more extras, and 1200 or more supply chain businesses.
“We’ll be reviewing any and all our strategic options in the time ahead,” DNEG Sydney’s managing director Alaric McAusland said. Competition for local and overseas productions is fierce between Queensland, Victoria, and NSW where big projects can be a huge local job generator.International studios and local producers “stack” subsidies including the federal government’s offsets with the NSW rebates creating a pipeline of inbound investment worth hundreds of millions of dollars. This, in turn, supports the presence of visual effects, animation, and post-production businesses in the state.
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