The most spectacular news from last week is the announcement from the Turnbull government that they will be boosting the location offset for filming in Australia. The location offset is a special tax incentive given to film productions (typically the big blockbusters like Alien Covenant, Peter Rabbit etc.) that gives them an incentive to move production form their home region to Australia. Productions will need to compete for the boosted funds, but there’s no doubt this will mean more blockbusters will be filming in Sydney soon. Well done to everyone who lobbied hard for this and ultimately to our politicians for approving such a scheme. The scheme is expected to deliver around $800 Million dollars to the local economy over 4 years.