Australian TV new remake: Eased content quotas and harmonised producer offset

Australian TV's content quota system, and funding of screen agencies, have been revamped in the federal government's budget. Screen Australia is set to receive an extra $30 million over the next two years to boost Australian documentaries and dramas, while the Australian Children's Television Foundation will receive an extra $20 million over the next two years.

The Producer Offset, which provides producers with a tax refund for part of their production budget, will now be set at 30 per cent for both eligible domestic feature films and TV production. This move has harmonised the offset across TV and film, but means that the offset for feature films has been cut from 40 per cent to 30 per cent, whilst the rate for television programs increases from 20 per cent.