The Fort Worth Press - 'Aussiewood' courts Hollywood as Trump film tariffs loom

USD -
AED 3.672501
AFN 63.999835
ALL 82.188061
AMD 367.470102
ANG 1.790403
AOA 917.506669
ARS 1491.775404
AUD 1.441545
AWG 1.8025
AZN 1.697358
BAM 1.713044
BBD 2.014496
BDT 123.278913
BGN 1.69088
BHD 0.377063
BIF 2978.138248
BMD 1
BND 1.293919
BOB 6.936993
BRL 5.181703
BSD 1.000241
BTN 95.361385
BWP 13.512022
BYN 2.897195
BYR 19600
BZD 2.011623
CAD 1.42238
CDF 2245.999468
CHF 0.80659
CLF 0.023502
CLP 924.583254
CNY 6.789098
CNH 6.797375
COP 3356.19
CRC 455.717933
CUC 1
CUP 26.5
CVE 96.577547
CZK 21.160898
DJF 178.119567
DKK 6.54669
DOP 59.165119
DZD 133.228035
EGP 48.800498
ERN 15
ETB 161.440289
EUR 0.87584
FJD 2.24025
FKP 0.748952
GBP 0.74865
GEL 2.635027
GGP 0.748952
GHS 11.397865
GIP 0.748952
GMD 72.498088
GNF 8772.805704
GTQ 7.632378
GYD 209.230931
HKD 7.84275
HNL 26.771888
HRK 6.6005
HTG 130.70573
HUF 309.857987
IDR 18019
ILS 2.997499
IMP 0.748952
INR 95.395701
IQD 1310.303752
IRR 1375949.999921
ISK 126.130086
JEP 0.748952
JMD 158.192536
JOD 0.708973
JPY 162.315047
KES 129.249709
KGS 87.449926
KHR 4013.295904
KMF 431.00003
KPW 900.00035
KRW 1532.250141
KWD 0.31023
KYD 0.833618
KZT 472.786673
LAK 22554.665569
LBP 89569.375895
LKR 335.020846
LRD 181.553015
LSL 16.229006
LTL 2.95274
LVL 0.60489
LYD 6.417482
MAD 9.364725
MDL 17.635002
MGA 4247.99534
MKD 54.007762
MMK 2099.754651
MNT 3582.367601
MOP 8.081198
MRU 39.920821
MUR 47.069702
MVR 15.459697
MWK 1734.073163
MXN 17.45419
MYR 4.085098
MZN 63.909895
NAD 16.228935
NGN 1369.900451
NIO 36.80412
NOK 9.83298
NPR 152.58057
NZD 1.758875
OMR 0.384498
PAB 1.00025
PEN 3.405914
PGK 4.395104
PHP 61.434026
PKR 278.084031
PLN 3.758065
PYG 6067.214967
QAR 3.65662
RON 4.580398
RSD 102.767036
RUB 76.874992
RWF 1465.860815
SAR 3.758462
SBD 8.058541
SCR 13.979742
SDG 600.498294
SEK 9.657055
SGD 1.293445
SHP 0.746601
SLE 24.350421
SLL 20969.503664
SOS 571.628783
SRD 37.692964
STD 20697.981008
STN 21.458946
SVC 8.75167
SYP 110.532098
SZL 16.225519
THB 33.330121
TJS 9.252127
TMT 3.51
TND 2.958895
TOP 2.40776
TRY 46.822403
TTD 6.773144
TWD 32.035504
TZS 2625.003014
UAH 44.600495
UGX 3654.119862
UYU 40.237889
UZS 12047.717897
VES 638.90327
VND 26300
VUV 118.993979
WST 2.773187
XAF 574.541585
XAG 0.016168
XAU 0.000241
XCD 2.70255
XCG 1.802631
XDR 0.713221
XOF 574.53152
XPF 104.456434
YER 237.049733
ZAR 16.243865
ZMK 9001.196166
ZMW 18.429293
ZWL 321.999592
  • BCC

    -1.9400

    73.99

    -2.62%

  • RIO

    -0.6400

    93.78

    -0.68%

  • BCE

    -0.1800

    21.24

    -0.85%

  • JRI

    0.0730

    13.073

    +0.56%

  • RBGPF

    -4.1100

    61.5

    -6.68%

  • NGG

    -0.4500

    82.4

    -0.55%

  • AZN

    -6.1700

    188.98

    -3.26%

  • GSK

    -0.5970

    53.063

    -1.13%

  • RELX

    0.2850

    32.215

    +0.88%

  • RYCEF

    0.3400

    20.09

    +1.69%

  • VOD

    -0.0700

    13.08

    -0.54%

  • CMSC

    0.0700

    22.06

    +0.32%

  • BTI

    -0.5200

    61.25

    -0.85%

  • BP

    -0.0900

    37.31

    -0.24%

  • CMSD

    0.0550

    22.205

    +0.25%

'Aussiewood' courts Hollywood as Trump film tariffs loom
'Aussiewood' courts Hollywood as Trump film tariffs loom / Photo: © AFP

'Aussiewood' courts Hollywood as Trump film tariffs loom

Australia still wants to make "great films" with the United States, Foreign Minister Penny Wong said Tuesday, as new tariffs threaten the home of Hollywood hits like The Matrix, Elvis and Crocodile Dundee.

Text size:

US President Donald Trump on Sunday announced 100 percent tariffs for all films produced in "foreign lands", saying struggling Tinsel Town would be better served by "movies made in America".

So-called "Aussiewood" has for years used generous tax breaks and other cash incentives to lure foreign filmmakers Down Under, producing a string of hits for major Hollywood studios.

Although little is known about how the tariffs might work, Australia's top diplomat Wong said they risk ultimately proving a flop with filmgoers.

"Our message is we make great films together," she told national broadcaster ABC.

"We have films, American films, which are filmed here in Australia. The collaboration is a good thing. So, let's not get in the way of that."

"Crocodile Dundee", a 1986 comedy about an Australian bushman transplanted to New York City, helped put Australia's fledgling film industry on the map in America.

Since then, some of Hollywood's hottest directors have used Australia to film Marvel blockbusters, Mission Impossible instalments, and box office winners like Elvis.

The tariffs could also trouble neighbouring New Zealand, which famously lent its spectacular scenery to the beloved Lord of the Rings trilogy.

New Zealand Film Commission boss Annie Murray said they were still trying to untangle how the tariffs might work.

"We're mindful, however, this is an evolving situation and it's too early to speculate on what this could mean," she told AFP.

The tariffs appear to target a business model favoured by American studios who obtain tax breaks to film in countries such as Britain, Canada, Ireland and Australia.

A recent survey of studio executives found that their top five favoured production locations were all outside the United States.

At the start of this year, Trump appointed veteran stars Sylvester Stallone, Mel Gibson and Jon Voight to bring Hollywood back "bigger, better and stronger than ever before".

P.Navarro--TFWP