Tag Archives: disney

ABC radio story on Hollywood blockbusters crowding out local productions featuring David Williamson and me

When an ABC journalist contacted me a couple of weeks ago about excessive federal and state government subsidies to international film productions such as Thor: Love and Thunder, I mentioned it wasn’t just hard-headed economists like me complaining. Cultural luminaries, … Continue reading

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Money on the Screen – film industry episode of Economics Explained podcast

The latest episode of my Economics Explained podcast, Money on the Screen, explores the economics of the film industry. What affects the return on investment in films? Should governments subsidise film productions as they do in Australia? In the episode, … Continue reading

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Fact check on PM’s comparison of GC film industry to tourism in economic contribution terms

On Monday, Prime Minister Scott Morrison made a bold claim regarding the film industry on the Gold Coast in a radio interview on Gold FM regarding the tax breaks used to lure the Godzilla vs Kong film and Disney Reef … Continue reading

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QCA review suggests major budget savings available from slashing wasteful industry assistance

The Queensland Competition Authority published the final report of its Industry Assistance Review on Friday, and regrettably the Queensland Government was quick to reject its recommendations regarding a cut to drought assistance and the further review of subsidised regional electricity … Continue reading

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Don’t we have better things to spend $22 million on than Pirates of the Caribbean 5?

Government Ministers and officials who should know better have once again been seduced by the glamour of Hollywood, with the Australian Government offering around $22 million to Disney to secure production of Pirates of the Caribbean 5 in Australia (see … Continue reading

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Is it worth paying $10K each for temporary film industry jobs?

So Captain Nemo is coming to Australia, possibly to the Gold Coast, and the Australian Government will provide a $21 million subsidy, as reported earlier today in the Gold Coast Bulletin (Govt commits $21m for sci-fi film): THE Federal Government … Continue reading

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Government should resist subsidising Disney Nemo film – no long-term benefit to Qld

The Queensland Government should refuse to contribute money to attract the filming of Disney’s 20,000 Leagues Under the Sea to the Gold Coast (see the news report Angelina Jolie and Brad Pitt could film a movie in Australia). The previous … Continue reading

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