Opinion: Super news for Aussie film industry
INDUSTRY super fund for the creative community Media Super has announced the doubling of its revolving loan fund for Australian film and TV production, from $30 million to $60 milion.
Started in 2010, Media Super's cash flow facility, provided through its partner Fulcrum Media Finance, has helped fund local productions such as box office winner and nominee for this year's Australian hit films The Dressmaker; Jeremy Sims' directorial debut Last Cab to Darwin, Holding the Man, Oddball, the Colin Firth and Nicole Kidman film The Railwayman, TV series Miss Fisher's Murder Mysteries and The Secret River adapted from Kate Grenville's novel by Academy Award nominee Jan Sardi and Mac Gudgeon.
It is also good to see Australian audiences willing to watch Aussie stories in the big screen.
As of December 6, 2015, The Dressmaker had grossed over AUS $19.18 million, against a budget of AUS $17 million. The film opened at the number one position at Australian box office and earned AUS $976,000 on its first day.
Let's keep it that way in 2016.