In an implicit admission that Nsw is not getting its fair share of productions from other states and overseas, the Nsw Government is pumping more money into the Made in Nsw fund.
The state budget announced today allocates an extra $25 million for the fund. That means a total spend of $55 million over the next four years: $15 million next financial year, followed by $15 million, $17.5 million and $7.5 million.
Arts Minister Don Harwin said the funding will drive screen investment from domestic and international producers.
“The fund’s $43 million investment to date has already delivered an estimated $700 million to the Nsw economy – I can’t wait to see what the future holds for production in our State,” he said.
The Government is delivering a total investment of $871 million in the arts, screen and culture sector in 2019-2020, a 22 per cent increase in recurrent funding.
In last year’s budget the Government