Australia Passes Major R&D Tax Credit Bill for Videogame Industry

June 17, 2011 -

 

The Australian government has passed a $1.9 billion research and development tax bill for the videogame industry this week, according to Develop. The bill, which becomes the law of the land in July, will support various videogame studios under a "digital creative industries" designation. The law will help companies save money on research and development costs for a range of projects, as long as some conditions are met.

Ron Curry, CEO of the Interactive Games and Entertainment Association is delighted with the new R&D tax credit. He says that this move by the government "has already attracted the interest of many global game publishers."

Antony Reed, CEO of the Game Developers Association of Australia, also backed the new policy.

“Since the first announcement of the R&D Tax reform and in our own discussions with the [culture] Department, it became very clear that the government has confidence in the abilities of Australian SMEs to deliver ground-breaking innovations for the global market,” said Reed. "Innovation is at the heart of game development and the introduction of the new legislation not only assists in levelling the global competitive playing field, but also affords the local industry the opportunity to challenge traditional gameplay conventions."

This is good news for Australia’s game development industry, which has been in the decline according to a February 2011 study by the Interactive Skills Integration Scheme. That report claimed that Australia had lost about 1,000 development jobs, or 50 percent of its development workforce, since 2008.

Source: Develop

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WonderkarpMicrosoft saving Silent Hills is a Hoax. https://archive.is/75pgl05/30/2015 - 6:08pm
MattsworknameI think Ip needs to go watch some Team four star and laugh a bit, he seems to serious at times. I think he'd get a kick outta Hellsing ultimate abridged.05/30/2015 - 5:36pm
DocMelonheadPretty much05/30/2015 - 5:33pm
InfophileSo... he's sea-lioning? http://knowyourmeme.com/memes/sea-lioning05/30/2015 - 5:29pm
Goth_SkunkAnd those are examples just targeting me specifically. Nevermind targeting others like Mattsworkname or DocMelonhead or WonderKarp.05/30/2015 - 5:28pm
DocMelonheadWhich is why it's fitting to call him/her a troll; bait the GG sympathizer and attack them through guilt of supporting a hate movement05/30/2015 - 5:28pm
Goth_Skunk1. http://ow.ly/NEH62 | 2. http://ow.ly/NEHfW | 3. http://ow.ly/NEHPN | 4. http://ow.ly/NEHWM | 5. http://ow.ly/NEIcR05/30/2015 - 5:27pm
MattsworknameThe being said, Ip loves to demand you answer specific claims and when you do, he then immedately shifts to another tactic rather then address your repsonses05/30/2015 - 5:23pm
MattsworknameThe problem is that gamergate has no organization or leaders so no one can really claim direct libel unless they got directly named and attacked. The double edged sword of internet activism at work.05/30/2015 - 5:22pm
DocMelonhead@InfoPhile true, but it seems like Iron Patriot been shoving his/her opinion down the the throats of GG sympathizer.05/30/2015 - 5:19pm
InfophilePlus, it discusses a movement, not a person. Libel usually only applies to people in the US (though some countries, like the UK, will hear libel cases against organizations)05/30/2015 - 5:16pm
DocMelonheadBut don't have Iron Patriot get to you Goth_Skunk. He/she just wanted GamerGater to GTHO of GamePolitics and back into their basement.05/30/2015 - 5:16pm
InfophileTo be libel, it has to be a statement of fact, not a matter of opinion. That's easily construable as an opinion, as it reflects on the perceived goals of a movement05/30/2015 - 5:15pm
DocMelonheadI think that GamerGate is nothing but a Failed attempt to kick Women out of Gaming is libel enough.05/30/2015 - 5:13pm
Mattsworknamethat out in people.05/30/2015 - 5:13pm
MattsworknameWhile IM no fan of Ip, and think he acts exceddingly dicksh most of the time, I dont know if its gone far enough to be ,abusive, Uncivil yes, of that I have not doubt, but at the same time, there have been moments when Im also uncivil to ip. he brings05/30/2015 - 5:13pm
InfophileGoth_Skunk: Could you point to an example of libel? That is, a statement that's false, defamatory, and made in either the knowledge it's false or with reckless disregard for the truth (that's the definition in US law, at least)05/30/2015 - 5:12pm
Andrew EisenGP staff will take another look.05/30/2015 - 5:11pm
DocMelonheadBecause right now it seems that Iron Patriot doesn't want GG supporters to go on GamerPolitics and spreads lies about the Movement.05/30/2015 - 5:11pm
DocMelonheadPersonally, I suggest that we invite other GamerGaters to participate in the Comment section, and see were we go from here.05/30/2015 - 5:10pm
 

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