A quick and cheap way for Treasurer Scott Morrison and PM Malcolm Turnbull to boost innovation and promote jobs and growth would be to return government funding to the video games sector — funding that was slashed in the 2014 horror budget.
In 2012, Labor arts minister Simon Crean announced the Australian Interactive Games Fund (AIGF), a $20 million, three-year program run by Screen Australia to fund Australia video game development. The program dished out $10 million in two years but was axed by the Abbott government in the 2014 budget. It was designed to be self-sustaining; companies that received funds for their projects were required to pay it back to be used to fund other projects, and evidence showed that, by all accounts, the program was a massive success.
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