George Lucas’s Industrial Light & Magic to open Sydney operation

The world’s best known special effects company Industrial Light & Magic is to offer an Australian outpost.

A 10% tax incentive for the post, digital and VFX (PDV) sector has sealed the deal on the opening of a Sydney arm for the George Lucas-founded ILM.

The tax subsidy was introduced by the Berejiklian government for NSW as a last minute push to cement ILM’s move and can be accessed by filmmakers who commit to spending over $500,000 on PDV in NSW. It matches incentives offered in South Australia and Queensland.

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