Statistics
Budget ranges
On average, co-productions are made with higher budgets than domestic productions, with finance contributed from multiple territories, enabling larger budgets to be raised.
There are also additional costs associated with making a co-production, such as travel, translation and extra administrative and legal costs, that can drive budgets up.
Added complexities, such as working across two or more territories, with multiple currencies and shared creative control, generally dictate that the types of stories and the scale of projects suitable to the co-production model will be those operating with higher budgets.
When adjusted for inflation, 65 per cent of co-production features made between 1990/91 and 2019/20 had budgets over $10 million compared to just 17 per cent of all Australian features made during that period.