A survey of Australian game developers found the industry generated $118.5 million in the 2016-17 financial year, up from $114.9 million the previous year, with 75 percent of studios surveyed projecting future growth.
Australia’s game development industry has massive potential for growth as an export industry, according to an independent survey by IGEA and GDAA.
Today the Senate has passed a new tax incentives for early stage investors and a scheme to improve access to capital for VCs. These two initiatives are designed to make investment for Australian startups more attractive and were measures first announced in December last year as part of the Government’s National Innovation and Science Agenda (NISA).
The Australian Senate last night passed anti-piracy website blocking legislation, with streaming and torrenting sites like The Pirate Bay its main targets.