Outbreak! ScoMo to make movies with sick Hollywood

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Via New Daily:

The federal government will attempt to lure Hollywood’s best by offering $400 million in incentives to entice filmmakers to make blockbuster movies in Australia.

Prime Minister Scott Morrison will pour cash into the existing Location Incentive program through the JobMaker scheme.

He claims the outlay in attracting productions to Australia could be returned sevenfold – estimating some $3 billion could be spent locally.

“Australia’s relative success in managing COVID-19, compared to so many other parts of the world, means we are now in a unique position to attract a longer-term pipeline of major screen productions here,” the PM said.

The Location Incentive, which offers money to productions if they film in Australia and employ locals, has already supported Hollywood films like Godzilla vs Kong, Chris Hemsworth’s Thor: Love and Thunder, and Marvel film Shang-Chi and the Legend of the Ten Rings.

Mr Morrison said he was earmarking another $400 million for the program, boosting the cash available over its existing three-year funding commitment.

This is supposed to cash in on our lack of virus. But, Errr…

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Is ScoMo going to stick Al Pacino in quarantine for three weeks?

Let’s not forget that the current outbreak came from quarantine failure which has happened repeatedly.

Or his plan to spread the virus as quickly as possible so he can reopen the borders for everybody else?

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.