Bryan Brown and Simon Baker celebrate victory after convincing government not to give up much needed tax breaks for Australia’s film industry
Acting Australian royalty Simon Baker and Bryan Brown helped roll back the planned dumping of tax relief for filmmakers by the federal government.
The government planned to reduce the “producer compensation” rate from 40 percent for Australian feature films hitting theaters to 30 percent of the film’s budget.
However, according to the Sunday Telegraph this week, the government will not only retain the compensation, but will also expand emergency funding for the Covid industry.
Success! Actors such as Bryan Brown, 73 (pictured) and Simon Baker, 51, celebrate victory after federal government decides to keep tax cut on the big screen, according to The Sunday Telegraph
It will extend the industry’s $ 50 million temporary disruption fund, which covers COVID losses for an additional six months.
Other Australian actors Marta Dusseldorp and Justine Clarke have also joined the lobbying efforts.
The government intended to increase the compensation rate to producers for drama and documentary content for television and streaming platforms from 20 to 30 percent.
Changes: The government planned to reduce the “producer compensation” rate from 40 percent for Australian feature films hitting theaters to 30 percent of the film’s budget. Pictured: Bryan Brown in The Thornbirds, 1983
The stars suggested that the reduction may have been the result of the government giving more money to foreign productions in the country.
It comes after Simon Baker spoke about the changes planned last month.
“What we need to do is protect for the future and help develop a richer, stronger and more powerful Australian voice,” said the Mentalist star.
Canberra: Bryan (far left) was joined in his lobbying efforts by actors Justine Clarke (second left), Simon Baker (second right) and Marta Dusseldorp (far right)
Baker said the film industry is a primary source for Australian voices to be heard.
“We can understand more clearly who we are as a nation, we can celebrate the various aspects of our culture through what is on screen,” he said.
Meanwhile, Bryan Brown has warned the government against reducing producer compensation – a refundable tax compensation – to 30 percent from 40 percent.
‘We can understand more clearly who we are as a nation, we can celebrate various aspects of our culture through what is on screen’: this comes after Simon Baker speaks out on the planned changes last month
“It seems like one of the reasons they are doing this is because they invest a lot of money in the foreign films that get here,” he said.
“We’ve been here before. We know that probably once COVID is gone, they are gone. So we have to make sure once again that we take care of our own stories, our own film industry.
Dusseldorp said France and Canada were taking action on local content guarantees: “We don’t set the standard, we meet it,” she said.
Motivations: “It seems like one of the reasons they do this is because they invest a lot of money in foreign films that get here,” Bryan said. Pictured with wife Rachel Ward