Government Pulls Funding For Aussie Video Games Industry In Federal Budget

It’s only the size of a Post-It note buried inside the 2014-15 Federal Budget papers, but it’s there, and it’s sad: the Government won’t fund the local game development industry any more.

Image: Getty

It’s called the Australian Interactive Games Fund, or at least it was before tonight.

The government quietly confirmed tonight in the Federal Budget that it would pull all of the funding from the Australian Interactive Games Fund announced in 2012 by then-Labor Arts Minister Simon Crean.

$10 million is left in the fund, and it’s all being pulled by the government.

Here’s the statement:

The Government will achieve savings of $10.0 million in 2014‑15 by ceasing the Australian Interactive Games Fund from 1 July 2014.

The savings from this measure will be redirected by the Government to repair the Budget and fund policy priorities.

[Budget 2014 thanks Matt!]

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