The screen industry down under is poised for a major boost with today’s passing of the Australian government’s revamped Location Offset law.

The legislation raises the Location Offset rebate from 16.5% to 30% for international movies and series filming in the country—and projects that began principal photography on or after July 1, 2023 are now eligible to claim back 30% of production spend after completion.

The scheme was first announced in May 2023 as part of the country’s 2023-24 national budget.

Under the criteria, the minimum qualifying Australian production expenditures have increased from US$10 million (AU$15 million) to US$13.4 million (AU$20 million) for movies, and from US$672,000 (AU$1 million) to US$1 million (AU$1.5 million) per hour for TV series. Other requirements include meeting minimum training obligations; hiring one or more Australian providers to deliver post-production, digital and VFX for the production; and providing new reporting with data on the use of local crews and businesses.

The new law is “fantastic news for the industry,” said Kate Marks, CEO of local screen org Ausfilm. “The 30% Location Offset will provide certainty for international productions, support a stable pipeline of work for thousands of Australian screen workers and businesses, and trigger investment into new industry capacity and capabilities,” she noted in a statement today.

Some notable projects that have filmed in Australia in recent years include Woody Woodpecker Goes to Camp (Netflix), Kingdom of the Planet of the Apes (20th Century Studios) and Thor: Love and Thunder (Marvel Studios, pictured).