A monumental day for Aussie devs!
In some truly amazing news for our scene, the Federal Government of Australia has announced a new 'Digital Economy Strategy' that will feature a much-needed tax offset for video game studios in Australia.
The Interactive Games & Entertainment Association (IGEA) has been instrumental in helping push through this new legislation. CEO of IGEA Ron Curry has this say :
"This is a very welcomed day for Australian-made video games. We congratulate the Prime Minister, Minister Hume, and the Minister for the Arts the Hon Paul Fletcher MP, for recognising not only that video games have an important place alongside TV and film in Australian screen production and storytelling, but also their unparalleled potential for supercharging Australia’s exports, attracting vast inward investment, and up-skilling a whole new generation of Australian digital workers.
The Government’s new investment commitment today will do many things. It will spur the creation of brand new Australian game development studios, give existing Australian studios the support they need to take on ambitious new projects and accelerate their growth, plus attract further blockbuster AAA studios to Australia, all of which will create game development jobs in every state".
Chair of the IGEA and Managing Director of Koch Media, Roger Clarke said that the amazing titles our local studios have recently produced have proven to the Morrison Government that investment in the area is well worth it :
"It is clear from today’s decision that the Morrison Government has noticed how innovative and successful Australia’s game developers are, as evidenced by standout titles like Big Ant Studio’s AO Tennis 2 and SMG Studio’s Moving Out, to the amazing local independent studios like Mighty Kingdom and Hipster Whale who are exporting their games and services around the world, as well as the investment being poured into the Australian economy by international studios such as Sledgehammer Games, Gameloft, Wargaming, and Firemonkeys”.
It goes without saying that for years the Australian game development scene has been begging the Federal Government for proper support, and it now finally seems like that day is upon us. The last initiative brought forth by the Labour government was shutdown by the Liberals, so it's great to now see support from both parties.
We cannot wait to see what lies ahead for the future of our Aussie studios! We recently put together a list of over 80 Aussie and NZ studios who have either recently released successful titles, or are currently in development. With today's news, we expect this list to grow exponentially!