Labor News

New Mexico is very much living up to its "it grows as it goes" motto. State legislators unanimously approved a bill that will increase New Mexico's TV production refundable tax credit from 25 percent to 30 percent.
 
The competition appears to be heating up between California and New Mexico. California only offers a tax credit of 20-25 percent on qualified spending but just announced that it might offer free location fees on pilots and first seasons.

SYDNEY-- The Australian government has promised AUS$20 million ($19.6 million) to boost its film locations incentive program as a precursor to an increase in the Location Offset should the value of the Australian dollar remain high against foreign currencies, particularly the U.S. dollar.