South Aus screen industry gives $77.2 million annual boost to state’s economy

25 May, 2015 by IF

PRESS RELEASE

The South Australian screen industry contributed $77.2 million to the state’s economy in 2013/14 and supported full-time employment for 754 according to a new report prepared by Deloitte Access Economics.

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The report, commissioned by the South Australian Film Corporation, found that state’s screen industry directly employed 515 full time employees and indirectly 238, with much of the benefit flowing to regional South Australia.

The report highlights included:

• The South Australian screen industry made a direct contribution of $38.8 million to the state’s economy;
• The South Australian screen industry made an indirect contribution of $38.4 million to the state’s economy with much of the benefit flowing to regional areas;
• The jobs and investment in the South Australian screen production industry are spread across the state in a wide range of roles including highly trained professionals with major international reputations to trades working on film sets;
• Indirectly, the South Australian screen industry supports employment in food and hospitality, accommodation, construction and professional services;
• Anzac Girls, a television production produced for the ABC, spent 58% of its $9 million budget in South Australia after receiving a $330,000 production investment from the South Australian Film Corporation;
• The Babadook, an Australian psychological horror film, spent $1.8 million of its $2.7 million budget in South Australia and employed 95 local crew, as well as dozens of South Australians as supporting cast and extras;
• The vibrant South Australian screen industry has produced companies like Adelaide-based Rising Sun Pictures which now employs approximately 180 local staff and generates around $180 million in revenue.

South Australian Film Corporation CEO Annabelle Sheehan said it was important to maintain a diverse screen production industry in South Australia.

“The Screen Production Industry is a driver of the state’s creative economy as well as being one of our best examples of Advanced Manufacturing,” said Ms Sheehan.

“The economic benefits will be maximised by growing international and national production and further strengthening the locally based production industry who export their South Australian produced work around the world through cinema, TV, digital channels and international festivals.
“Growing opportunities exist for screen producers in new media such as subscription TV and video on demand and taking advantage of these opportunities is part of the SAFC’s strategy of future proofing the industry in South Australia.”


To view a full copy of the report visit http://www.safilm.com.au/library/150408-FINALREPORT-Deloitte.pdf
 

 

 

 

 

 

 

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