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Australian and co-productions: Feature film Production activity
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The 2007/08 feature slate included 29 Australian titles and five co-productions.
At $168 million, the value of production activity for this slate (as measured by budget expenditure in Australia) was less than last year’s result of $234 million. However, it should be remembered that the high-budget feature Australia was included in last year’s slate. The 2007/08 result was just above the five-year average of $162 million.
The 29 Australian features in this year’s slate had total budgets of $128 million, compared to a five-year average of $147 million. This is the highest recorded result for local features if large-budget foreign-financed titles are removed from the equation (in particular, Happy Feet in 2003/04 and Australia in 2006/07).
The distribution of Australian features across the various budget ranges was similar to the five-year average except in the lower ranges, where there was a shift from the under $1 million range into the $1–3 million range. (Features with budgets of less than $500,000 are included in the survey only if they have had a festival screening or cinema release; see ‘Methodology’ on page 14.)
The five co-productions in the slate accounted for expenditure in Australia of $49 million, well above the five-year average of $23 million. Three of these were official co-productions: two with the UK (Bright Star and Triangle), and one with Canada (Goblin Shark Attack). Two were unofficial co-productions with the US (Broken Hill and Knowing).
Australian and co-production feature films, 2003/04–2007/08
| Australian1 | Co-production1 | Total | |||||||
| No. | Total budgets ($m) | Spend in Aust. ($m) | No. | Total budgets ($m) | Spend in Aust. ($m) | No. | Total budgets ($m) | Spend in Aust. ($m) | |
| 2003/042 | 21 | 217 | 196 | 1 | 7 | 5 | 22 | 224 | 201 |
| 2004/05 | 26 | 67 | 66 | 3 | 45 | 27 | 29 | 112 | 93 |
| 2005/06 | 29 | 100 | 100 | 3 | 22 | 13 | 32 | 122 | 112 |
| 2006/07 | 27 | 220 | 214 | 3 | 52 | 19 | 30 | 273 | 234 |
| 2007/08 | 29 | 128 | 119 | 5 | 93 | 49 | 34 | 221 | 168 |
| 5-yr av. | 26 | 147 | 139 | 3 | 44 | 23 | 29 | 191 | 162 |
Notes:
1. See page 16Definitions for definitions
of ‘Australian’ and ‘co-production’.2. Figures
for Australian features in 2003/04 include Happy Feet. This feature
was made over a number of years.
Australian and co-production feature films by budget range
| Budget range ($m) |
2007/08 | 5-year average, 2003/04–2007/08 |
||
| Australian | Co-production | Australian | Co-production | |
| 0 to 1m | 4 | – | 8 | – |
| 1 to 3m | 13 | 1 | 9 | – |
| 3 to 6m | 6 | 1 | 5 | 1 |
| 6 to 10m | 4 | – | 3 | – |
| 10 to 20m | – | 2 | 1 | 1 |
| 20m + | 2 | 1 | 1 | 1 |
| Total | 29 | 5 | 26 | 3 |
