Subsidies boost foreign incentives to 15%
If there’s a sudden wave of genre films with characters named Kylie, Wayne or Bruce, blame Australia.
New film subsidies — which boost incentives for foreign productions lensing Down Under to 15% as of July 1 — generated such interest in Cannes that pic projects are quickly being retooled to film in Oz.
“I heard one producer there saying to me that he had been in a meeting where they had actually said they were working out how to change the character’s name to Kylie and set the film in Australia,” says Robert Connolly, producer of “Romulus, My Father.”
Connolly, in Cannes to raise coin for his project on the Balibo Five journos killed in East Timor in 1975, says there was much talk of moving pics Down Under.
“There’s a huge volume of product that is made, particularly genre content, that really will park itself wherever the incentives are best,” Connolly says, adding, “The challenge for the Australian industry is to make sure that this new rebate is used for Australian films.”