$20.6m into 20,000 Leagues Under the Sea to generate an estimated 2000 jobs. Let’s turn on the cynical part of the ScreenHub hive mind and do some arithmetic about the deal..
That raw figure is intriguing. The existing Location Offset is at 16.5% of the Australian spend, and the feds needed $20.6m to bring it up to a competitive level, which is at 30%.