Thursday, 7 June 2012

Government back Producers


During the 1980's the Australian labour government decided to introduce a tax legislation, giving film producers two years in which to complete their pictures, and allowing investors to claim up to a one hundred and fifty percent deduction after they'd parted with their money. Originally investors were only able to receive a tax break during the year of the films completion and earning income, it was speculated that this had be a serious hindrance for the Australian film industry since its birth.

One of the first films to harbour the benefits of this new legislation, is, you've guest it, BMX Bandits! Being the Nilsen Groups first production, as they were only formed in 1981, they eagerly subscribed for a television licence as their managing director John Nilsen considers 'BMX Bandits' as a perfect candidate for pay-tv.

This coincides with labours original stance to rule out cable television in the short term, but revamp the previous governments ideas on RSTV ( Radiated Subscription Television), which stands to be the first form of new media in Australia.There was also talk about excluding any of the existing television operators from the first line of RSTV licences, if this went ahead, The Nilson Group would be in a fantastic position. Sadly this researcher could not find any conclusive information on this particular topic.

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