Labor Party Pledges to Reinstate the Australian Interactive Games Fund

May
15

Labor Party Pledges to Reinstate the Australian Interactive Games Fund

That is of course, if it’s elected. Where it will reinstate the Australian Interactive Games Fund to tune of $25 million over three years. The fund, which began in 2013 under a then Labor government was scrapped by the Liberal government the following year.

During its initial run the fun helped indie studios like Defiant Development, Flat Earth Games, Tin Man Games, The Voxel Agents, and more.

As per the policy document (thanks Kotaku), Labor states, “Restarting the Fund will kick start the rapid growth of our games development sector through the establishment of new game studios in Australia, investment and projects flowing into existing Australian studios and a range of joint ventures.”

Adding, “This will enable a variety of works and the generation of original intellectual property in long form games, apps, virtual reality and augmented reality with output across the arts, communications, digital economy, innovation, education, training, health, defence, and more.”

The IGEA (Interactive Games and Entertainment Association), in a statement following the announcement, said that it was “heartened” by the news. “IGEA and our members are encouraged and grateful for this commitment from the Labor Party who recognise that game development is an industry of the future and is worth supporting. Australian game developers are creative, talented, resilient and ready to lead and grow the digital revolution,” says Ron Curry, CEO of the IGEA.

Read more here:: AusGamers

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