Mitch Fifield (Victoria, Liberal Party, Minister for Communications and the Arts) Share this | Hansard source

We've effectively got the existing 16½ per cent location offset tax rebate to the equivalent of 30 per cent through the addition of the location incentive. This makes Australia internationally competitive. What this is all about is jobs. We have the best film industry in the world. We've got great screenwriters, terrific producers, great directors, a great cast and crew, and fantastic carpenters and electricians, not to mention the businesses that support these endeavours. Collectively, they help to produce a product that's world class. What this means is continuity for those who are contracted as part of the screen business and continuity of work for those small businesses who rely on the pipeline of films going through the studios. It is good news.