Productions, studios or visual effects vendors looking to take advantage of rebates for their post and visual effects work on feature films or television series have the advantage of accessing both the federal government 30% rebate and the local government 10% rebate available in both South Australia and Queensland.
For more information on the Australian Federal Government rebate:
https://www.arts.gov.au/funding-and-support/tax-rebates-film-and-television-producers
For more information on the South Australian Local Government rebate:
http://www.safilm.com.au/funding-and-support/post-production-digital-and-visual-effects-pdv-rebate/
For more information on the Queensland Local Government rebate:
https://screenqueensland.com.au/production/post-digital-vfx/
EXAMPLE SCENARIO
Visual effects contract - $500,000 AUD
PDV Federal 30% - $150,000
PDV Local 10% - $50,000
Net Cost - $300,000 AUD or approx $216,000 USD*
* The Australian dollar (AUD) has a favourable exchange with most other regions. As at January 2019 the AUD exchanges at $0.72 USD.
IMG: Electric Dreams 'Autofac'
Sony Pictures, Director: Peter Horton