Australia has lost a $200 million film by the makers of The Matrix movies that would have employed 2000 people, because the Federal Government so far refuses to increase its location offset rebate beyond a one-off boost to The Wolverine.
Instead, the producer-director Wachowski siblings have taken their sci-fi film Jupiter Ascending, starring Channing Tatum and Mila Kunis, which would have been made entirely in Sydney, to the United Kingdom, having been dissuaded from producing the film in Australia because of the high value of the dollar. (more…)
Townsend Management 