Seven welcomes producer offset tax change

By AdNews | 15 December 2023
 
Jeff Howard (Seven West Media), Tony Burke (minister for the arts) and James Warburton (Seven West Media).

The Seven Network welcomed the federal government’s decision to amend the producer offset tax legislation, which provides a 30% rebate to local TV drama productions.

The amendment means Seven’s long-running locally produced drama series Home and Away is now eligible for the rebate.

Seven West Media MD and CEO James Warburton said Seven would like to acknowledge and thank minister for the arts, Tony Burke, and the Albanese government for their decision to amend the legislation and for recognising the role Home and Away plays in the Australian television sector.

“Home and Away is a remarkable show and has been an integral part of many Australians’ lives for almost four decades," he said.

Access to the producer offset will enable us to increase Home and Away’s domestic and international appeal, ensure it remains competitive as an Australian drama, and reinforce the significant contribution it makes to the Australian TV industry and Australian culture.”

As a result of the tax change, Seven has today announced a series of new initiatives for Home and Away, with the establishment of a new internship program and an investment in more location filming, including in regional Australia.

The internship program will cover production departments of the award-winning series, which is produced by Seven.

Seven chief content officer, entertainment programming, Angus Ross, said the new investment in Home and Away, made possible by the Government’s decision, will strengthen its future, enable it to tell even more great Australian stories and create a new pathway for people who want to be part of that sector.

“More location filming will help ensure Home and Away maintains its globally acclaimed production values and will create new work for the Australian production sector," he said.

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