Fears budget cut of $25 million for Screen Australia could jeopardise production jobs
Screen Australia faces cuts of $25m over four years while a fund designed to encourage Australian video games developers has been scrapped as part of the federal budget passed down last night.
The cuts to the Screen Australia funding will see $5.2m taken from its funding next year, while the closure of the Australian Interactive Games Fund from July 1 will add $10 million in savings in 2014-15, which Kate Edwards founder and managing director of Kontented, a content strategy and creation business, said would intensify the funding process, making it more competitive and ruthless.
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While the cuts are far more moderate than the swingeing recommendations in the Commission of Audit report earlier this month Screen Producers Australia executive director Matthew Deaner said the organisation is concerned at what seems a “disproportionate” cut to Screen Australia.
