Screen Australia has released new research on Australian co-productions. It reveals that they typically have larger budgets, are released theatrically into more countries and have a higher international box office than domestic productions. Co-productions also provide Australian filmmakers with an expanded field for creative expression.
“Co-productions have been a significant form of international collaboration and exchange since the inception of the co-production program in 1986,” said Screen Australia’s Chief Executive Ruth Harley. “We believe that co-productions could be used more often and to great effect by the Australian film industry. Our analysis of the contribution of Australia’s co-production output to date supports our argument.”