Untangled Octopus

02/04/2024

Game on! Screen NSW Digital Games Seed Development Program is here
NSW digital game creators can now apply for grants of up to $30,000 with Screen NSW’s new Digital Games Seed Development Program. The funds can be used by creators to advance early concept original game ideas to the next stage of development or to secure investment for full-scale development.

Targeted at emerging and small-medium enterprise digital game creators, the initiative was a commitment of the NSW Government’s Creative Communities policy to deliver vital support to the rapidly growing digital games sector in NSW.

Applications close Thursday 18 April 2024.

22/03/2024

https://www.gameshub.com/news/news/screen-australia-games-fund-march-2024-2638210/

Screen Australia has announced over AUD $1.6 million in funding for a range of upcoming Australian-made games. Here's the list of recipients.

14/02/2024

https://www.linkedin.com/posts/institute-of-public-accountants_happy-valentines-day-to-all-the-accountants-activity-7163406967619698688-bTgV?utm_source=share&utm_medium=member_ios

Happy Valentine's Day to all the accountants out there! Love is in the air and our affection for accountants is off the charts. ❤️📈

02/02/2024

https://if.com.au/whats-hot/untangled-octopus-bringing-straightforward-solutions-to-a-new-era-of-investment/

There is no doubt Australian film and television production has experienced an uptick in past few years as multinational companies such as Netflix and Disney have entered the market. While the local industry remains strong, rising interest rates coupled with global uncertainty over ongoing US actor....

31/10/2023

Courtesy of IF Magazine.

Found on Google from if.com.au

26/09/2023

https://amp-smh-com-au.cdn.ampproject.org/c/s/amp.smh.com.au/culture/movies/nsw-government-reverses-screen-funding-cuts-after-mounting-pressure-20230926-p5e7pw.html

The screen sector said the cut programs were critical to its survival.

21/09/2023

https://amp-smh-com-au.cdn.ampproject.org/c/s/amp.smh.com.au/culture/art-and-design/the-damage-has-been-done-film-and-tv-producers-escalate-campaign-against-cuts-20230919-p5e5u0.html

Producers responsible for shows like Colin from Accounts, as well as hundreds of film industry employees, have warned the future of TV and film is at risk.

05/09/2023

https://www.gameshub.com/news/news/victorian-digital-screen-rebate-15-million-announced-2627649/

The Victorian Digital Screen Rebate will provide an additional rebate for games and VFX projects with over $500k in expenditure.

29/08/2023

https://www.mediaweek.com.au/telsyte-streaming-report-paramount-fastest-growing-netflix-reports-first-yoy-drop/?swcfpc=1https://www.mediaweek.com.au/telsyte-streaming-report-paramount-fastest-growing-netflix-reports-first-yoy-drop/?swcfpc=1

The annual Telsyte report on paid entertainment streaming services has reported an annual slowdown, but SVOD continues to grow.

25/08/2023

https://www.publicaccountant.com.au/features/beyond-barbie-and-oppenheimer-how-do-cinemas-make-money-and-do-we-pay-too-much-for-movie-tickets

I’ve got two questions about blockbuster movies like Barbie and Oppenheimer. Why aren’t the cinemas charging more for them, given they’re so popular? Why are they the same price, given Oppenheimer is an hour longer?' The opening weekend for both films saw an avalanche of Australians returni

13/07/2023

Winter book keeping and accounting blues keeping you awake at night? Do you have a pile of outstanding BAS, year end reports or a PDV/Producer Offset application to submit? Ring and talk to an Untangler to help clear the mess and stress +61 2 8046 6882

23/06/2023

The latest industry data is out

Financial and employment statistics for film, video and digital game businesses. Production activity for film, television, video and digital games

21/06/2023

Good news for the games industry. Tap the attached.

11/05/2023

https://www.screenhub.com.au/news/news/budget-2023-24-whats-in-it-for-the-arts-2614414/

Nearly $960 million is being directed towards Australia’s cultural sector, including support for arts education and training, and the screen sector.

19/04/2023

Super Change from 1/7/23

Rates and thresholds apply to contributions, employment termination payments, super guarantee and co-contributions.

23/02/2023

https://www.nytimes.com/2023/02/21/magazine/closing-credits-movies.html?smid=url-share

One look is enough to challenge the myth of the genius auteur calling all the shots.

08/02/2023

Untanglers never cease to amaze!

139 Likes, 5 Comments - ABC Sydney () on Instagram: "Check out this big fellow! 🦑 The Australian giant cuttlefish is a common cephalopod species. captured this footage at Cabbage Tree Bay, Manly. Well worth the dip we’d say! Do you have a photo we should see? Tag #.....

30/01/2023

https://www.mediaweek.com.au/make-it-australian-win-labor-making-streamers-invest-more-in-funding-shakeup/

The Make It Australian campaign for more local TV and movie production was launched in 2017. With a new government in power there is action.

17/01/2023

https://www.linkedin.com/posts/screen-queensland_game-grants-screen-queensland-activity-7020993237087657984-3e5Q?utm_source=share&utm_medium=member_ios

Screen Queensland is proud to support the growth of the video games industry in Queensland, by offering a range of funding and professional development…

31/12/2022

Happy New Year! Hope all your goals and dreams are fulfilled.

18/11/2022

https://www.afr.com/companies/media-and-marketing/streaming-services-will-be-forced-to-meet-local-drama-quotas-burke-20221118-p5bzf5

Federal Arts Minister Tony Bourke told a crowd of writers he has met with the streaming giants to tell them “Australian content quotas, including for scripted dramas, are coming to this country”.

25/10/2022

https://apple.news/AenB0hldWRYuiAQkiQ7KgGw

After 10 years out of government, Treasurer Jim Chalmers has delivered Labor's first budget since its election victory in May. Most of the big announcements — both new things the government's funding and things it's getting rid of — are election commitments that we've known about for some months...

19/10/2022

https://www.linkedin.com/posts/marc-ireland-07a6591b_check-out-my-video-created-with-promocom-activity-6988346917428621312-xg8w?utm_source=share&utm_medium=member_ios

Stop doing the books yourself and call for an experienced Untangler.

23/09/2022

https://www.publicaccountant.com.au/news/rising-rates-inflation-will-impact-cashflow-for-small-businesses-until-2024

One-third of small businesses believe rising interest rates and inflation will have an ongoing impact on the cash flow through to 2024.

17/09/2022

https://www.abs.gov.au/participate-survey/business-survey/film-television-and-digital-games-survey

Survey Participant Information

26/07/2022

Please endorse our nominee for Practice of the year 2022 by quickly answering a couple of questionns on the link below. Many thanks for your support.

https://publicaccountants-920958.workflowcloud.com/forms/83353973-3d42-4f30-a72e-dd3d6d9c538b

13/05/2022

Winter and Year End is nigh! Dodge the yellow snow and avalanches by getting our book keepers and Accountants to guide you through easily.

27/04/2022

DIGITAL GAMES TAX OFFSET
On 21.3.2022, the Federal Government released draft legislation and explanatory material to implement a new Digital Games Tax Offset (DGTO).

As part of the Digital Economy Strategy, the government announced a 30 per cent refundable tax offset which will be capped at $20 million per year. The DGTO will be available to eligible companies that spend a minimum of $500,000 on qualifying Australian development expenses related to the development of new games or the expansion of existing eligible games. The DGTO will apply from 1 July 2022.

The DGTO will strengthen the domestic digital games industry and make Australia a more attractive and competitive destination for international games development. It will also support investment and highly skilled, transferable jobs.

The government is seeking stakeholder views on the draft legislation and explanatory memorandum to ensure that it is fit for its purpose and meets the aims of the DGTO.

Further information on the draft bill and explanatory memorandum can be found, and submissions can be made through the Treasury website.

22/03/2022