AremindertogovernmentofthevalueinsupportingathrivinggamesdevelopmentindustryandrecommendationsforindustrysupportDecember2018IGEASuite145,NationalInnovationCentreAustralianTechnologyPark4CornwallisSt,EveleighNSW2015www.igea.netinfo@igea.net@igea/igea.netTheInteractiveGames&EntertainmentAssociation(IGEA)isthepeakindustryassociationrepresentingthebusinessandpublicpolicyinterestsofAustralianandNewZealandcompaniesinthecomputerandvideogamesindustry.Ourmemberspublish,market,developanddistributeinteractivegames,entertainmentcontentandrelatedhardware.Ourmissionistocreateanenvironmentthatdrivessustainablegrowthfortheinteractivegamesandentertainmentindustry.AboutIGEABuildingaThrivingInteractiveGamesDevelopmentIndustryinAustralia1AboutIGEAIFCSummary2Tableofpolicyrecommendations3WhyAustralianeedsaninteractivegamesindustry41.Gamedevelopmentisaninnovativeandfuture-lookingcreativeindustry42.GamedevelopmentwillhelpbuildamodernandtalentedAustralianworkforce53.Gamesareavaluable,IP-drivenandweightlessexportwithhighglobaldemand74.Wehaveenteredaneraofseriousgamesandtheiruseshavelimitlesspotential85.ThepowerofgamesfordigitalinclusionanditsculturaldividendforAustralia10BlueprintforfosteringastrongAustraliangamedevelopmentindustry121.Providea$40millionfundforgamedevelopment122.Createa30percentrefundabletaxoffsetforgamedevelopment143.Providestrategicsupportforcultural,educationalandseriousgames164.Additionalfundingandpolicysupporttofosteragamedevelopmentindustry16Thefiscalandeconomiccaseforsupportinggamedevelopment181.Thecostofsupportinggamedevelopmentismodestandsustainable182.Gamesfundingisrecoupable,whileataxoffsetwillleadtoincreasedtaxreceipts193.Financialincentiveswillprovidealightningrodforforeigninvestment194.Thebenefitsofinvestmentandgrowthwillmorethanjustifysupportcosts215.Savingsareavailabletooffsetthecostoffundinggamedevelopment22Gamedevelopmentenjoysbroadpoliticalandstakeholdersupport231.Thereisbi-partisanandcrossbenchsupportforgames232.ThescreenindustryandtheAustralianpublicsu...
