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were eligible for automatic funding provided by the FFC of up 45% of their budget. Such projects were termed âMarketplaceâ films. The second âdoorâ referred to as âEvaluationâ films required a commitment from the market, either financial or nonfinancial, such as a commitment by a theatrical distributor to release the film, and also required passing an evaluation by an internal committee. Such films were provided possibly larger funding by the FFC. Although there was little difference between the box office performances of âMarketplaceâ and âEvaluationâ films, âEvaluationâ films tend to screen at significant global film festivals.
40:
148:
significant productions. Instead, the FFC was conceived as a âfilm bankâ with then treasurer Paul
Keating acknowledging the notion that the organisation might become self-funding. The guiding principles for what the FFC decided to fund was driven by the market in that projects required financial commitments from distributors or sales agents to secure funding. Thus, projects were largely dictated by the market.
616:
budget matching the commitment by the FFC. In 1999-2000 financial year, feature films funded by the FFC had contributions of 20% of their cost, 64% came from private investors overseas with the remaining among contributed by private
Australian investors. The FFC in fact received 79% of its total recoupment from overseas markets.
585:
Between 2004 and June 2007, the FFC streamlined its financing policies by implementing their âtwo-doorâ system for
Australian producers seeking funding. The first âdoorâ referred to projects that had already secured financing from non-government or private sources above one-quarter of their budget
553:
and the ABC. Between 1990 and 2004, the ABC was annually mandated to pre-purchase up to 24 hours of independently produced programs which would be mediated through an FFC funding mechanism. Laughren notes that FFC financed documentaries were often successful in international markets and often won
615:
From 1997 onward, the international marketplace became a more significant financier for
Australian films, the FFC in particular growing connections to international sales agents. Australian children's television drama in particular saw an increase in foreign financing, making up 33% of the total
496:, were among the major sources financing these mandated acquisitions. Between 1995-96 and 1999-2000 the FFC funded 20 out of 52 children's drama programs, contributing approximately a third of their finances. Between 2000 and 2003 the FFC funded 15 out of 33 programs. Notable titles include the
147:
and the 10BA tax concession. It centralised government support for the
Australian film industry, becoming the main source of film and television funding in the years immediately after its inception. The role of the AFC was diverted to focus on personnel and script development for culturally
594:
From 1988 to 1994, a total of A$ 337.7 million of federal government support was provided to productions through the FFC. By then, the FFC's recoups on the invests were 36% for films, 35% for television drama, 25% for co-productions and 6.5-10% for documentaries.
479:
In addition to financing feature films, the FFC funded
Australian children's television drama productions. Australian commercial broadcasters were required to broadcast a certain number of publicly funded children's programming. The FFC alongside the
107:, the FFC operated as a commercially oriented funding agency, backing projects with the intention of recouping part of its funding through investment. The organisation was responsible for financing several notable Australian feature films, among them
757:
Standing
Committee on Communications, IT and the Arts. From Reel to Unreal: Future opportunities for Australiaâs film, animation, special effects and electronic games industry. By The House of Representatives. Canberra: Parliament of Australia,
602:
was responsible for driving the revenue of the FFC from A$ 8.05 million in the 1989/90 financial year to $ 18.3 million in the 1992/93. Although the FFC had not fulfilled a âpromiseâ to be self-funding within three years of its inception,
103:) was the government agency responsible for funding commercial productions of Australian film, documentary, and television from 1988 to 2008. Unlike other publicly funded organisations responsible for financing media production in
736:
Film
Finance Corporation Australia. Inquiry into Future opportunities for Australiaâs film, animation, special effects and electronic games industry. By Film Finance Corporation Australia. 70. Canberra: Parliament of Australia,
636:. This unified the FFC's core financing principles for commercial productions with the AFC's role in script and profession development and Film Australia's role commissioning productions under the National Interest Program.
868:
556:
858:
838:
678:
Jordi McKenzie. Craig
Rossiter. âFilm Funding in Australia: Recent History and Empirical Analysisâ In Handbook of State Aid for Film, (Cham: Springer International Publishing, 2018)
447:. It is one of many other notable FFC financed productions spotlighting indigenous stories and culture in Australian film. Other notable novel adaptations include the crime drama
863:
848:
565:
311:
183:
116:
833:
485:
714:
767:
Laughren, Pat. âDebating
Australian Documentary Production Policy: Some Practitioner Perspectives.â Media International Australia 129, no. 1 (2008): 116â28.
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South Australian film-makers' perspectives on policies: State and federal film policies and the representation of cultural diversity in Australian films
660:
Garry Maddox, âA History of the Australian Film Finance Corporation.â Media international Australia incorporating Culture & policy 80, no. 1 (1996)
526:
843:
569:
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119:. During its lifetime, the FFC supported 248 features with a total investment of A$ 662 million. In 2008, the FFC was succeeded by
624:
The passing of the Screen Australia Act 2008 in the commonwealth means that from 1 July 2008 the FFC merged with the adjacent
790:
140:
435:
493:
135:
The Film Finance Corporation was first established in May 1988 by the Australian Government under the prime ministerial
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with the organisation beginning operations in the following financial year. Its inaugural chairman was
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143:. The FFC emerged as an alternative source of support for the film industry to the then existent
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used it as an example in his campaign to maintain the status quo for government financing.
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from the 1970s to the 1980s was awarded the Best Feature Length Documentary by the
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Federal Register of Legislation. Screen Australia Act 2008 (Australian Government)
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380:
470:. One financially successful original production is the low-budget horror film
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The FFC also financed the production of documentaries through a program with
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Among the successful feature films funded by the FFC include the drama film
136:
104:
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798:(Master of Philosophy, Faculty of Arts in the Discipline of Media).
123:, which merged the similar film financing bodies operated by the
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FFC financed films which have screened at Cannes Film Festival
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Not Quite Hollywood: The Wild, Untold Story of Ozploitation!
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which adapts his autobiographies, and the television film
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The Adventures of Priscilla, Queen of the Desert (1994)
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International Critics' Week Feature Film Competition
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Financial services companies disestablished in 2008
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67:
59:
51:
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859:Financial services companies established in 1998
566:Australian Academy of Cinema and Television Arts
312:The Adventures of Priscilla, Queen of the Desert
184:The Adventures of Priscilla, Queen of the Desert
839:Defunct government-owned companies of Australia
197:Best Performance by an Actor in a Leading Role
8:
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864:Australian companies disestablished in 2008
486:Australian Children's Television Foundation
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849:Australian companies established in 1998
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155:
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834:Film production companies of Australia
157:Academy awards for FFC financed films
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814:FFC home page, archived December 1998
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27:Former Australian government company
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570:Australian Film Critics Association
488:, and the public broadcasters the
443:girls' experiences as part of the
97:Film Finance Corporation Australia
33:Film Finance Corporation Australia
25:
562:Australian exploitation B-movies
189:Lizzie Gardiner and Tim Chappel
145:Australian Film Commission (AFC)
527:Spellbinder: Land of the Dragon
1:
598:The international success of
453:about the celebrity criminal
436:Follow the Rabbit-Proof Fence
568:and Best Documentary by the
532:international co-productions
152:Film and media contributions
431:Doris Pilkington Garimara's
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844:State-owned film companies
626:Australian Film Commission
590:Federal Government Support
482:Australian Film Commission
789:Chung, Linh (July 2019).
37:
576:Production and financing
554:awards. The documentary
109:Strictly Ballroom (1992)
18:Film Finance Corporation
715:"The Operation of 10BA"
113:Muriel's Wedding (1994)
800:University of Adelaide
630:Film Australia Limited
611:International activity
468:novel of the same name
560:about the history of
441:Indigenous Australian
125:Australian government
88:Australian Government
632:into a single body,
581:Financing by the FFC
256:Prix de La Jeunesse
233:Award Won at Cannes
179:Best Costume Design
455:Mark âChopperâ Read
429:, an adaptation of
217:
158:
34:
693:ABC Radio National
445:Stolen Generations
426:Rabbit-Proof Fence
414:Un Certain Regard
345:Un Certain Regard
322:Un Certain Regard
299:Un Certain Regard
253:Un Certain Regard
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68:Superseding agency
600:Strictly Ballroom
509:O: Just Add Water
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325:Prix du Publique
243:Strictly Ballroom
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16:(Redirected from
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530:which were both
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75:Screen Australia
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540:science fiction
524:and its sequel
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368:In Competition
341:Shirley Barrett
318:Stephan Elliott
276:In Competition
272:Stephan Elliott
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47:Agency overview
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808:External links
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695:. 25 May 2015
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854:Film finance
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697:. Retrieved
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605:Paul Keating
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460:On the Beach
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439:about three
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348:Camera d'Or
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249:Baz Luhrmann
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141:Kim Williams
134:
100:
96:
94:
84:Jurisdiction
29:
699:27 December
620:Dissolution
521:Spellbinder
463:, adapting
387:John Polson
381:Siam Sunset
828:Categories
640:References
538:, and the
501:teen drama
473:Wolf Creek
410:Sue Brooks
394:Rail d'Or
230:Selection
517:adventure
227:Director
137:Bob Hawke
105:Australia
63:July 2008
60:Dissolved
358:The Well
55:May 1988
542:series
514:fantasy
498:fantasy
450:Chopper
289:Bedevil
131:History
536:Poland
512:, the
484:, the
433:novel
266:Frauds
224:Title
165:Award
52:Formed
796:(PDF)
534:with
399:2003
376:1999
353:1997
330:1996
307:1994
284:1993
261:1993
238:1992
221:Year
202:Shine
194:1996
176:1994
168:Film
162:Year
758:2004
737:2003
701:2020
628:and
492:and
417:n/a
371:n/a
302:n/a
279:n/a
115:and
95:The
494:SBS
490:ABC
101:FFC
830::
742:^
727:^
717:.
691:.
665:^
647:^
572:.
546:.
476:.
127:.
111:,
802:.
721:.
703:.
507:2
505:H
99:(
20:)
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