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  1. Home
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  3. Podcast Budgets

Podcast Budgets

10 July 2019
Kelly Vincent and Caris Bizzaca (Photo: Scott Gillies)

Screen Australia Project Manager Kelly Vincent walks us through the ins and outs of creating a strong application with an accurate budget.

Find this episode of the Screen Australia Podcast on Apple Podcasts, Spotify or Pocket Casts.

“It all starts with the script.”

This is the first piece of advice from Production Investment’s Project Manager, Kelly Vincent, when putting together a budget for a scripted drama* project.

“What’s in the script should be reflected in the budget,” she says. “Are there animals, are there children, how many locations?”

Prior to joining Screen Australia, Kelly worked for near two decades in the industry on projects including Mad Max: Fury Road, Bran Nue Dae and documentary Ice Wars, across roles such as production co-ordinator, production manager and line producer.

At the agency, Kelly works with the Production Investment team to track the budgets, schedules and cost reports of projects that have received funding as they move from pre-production into the shoot and post-production.

For those new to budgets, she suggests starting with a blank A-Z budget (which you can find on the Screen Australia website) and adding in every possible cost you can think of. Once you see the total figure and recover from the initial shock, you can begin cutting back costs from that.

“The AZ budgets are a suggestion and a tool. They’re not a bible,” Vincent says. “For emerging filmmakers they can suggest some categories that you may not have thought about. They can be left blank, additional lines can be added in. They’re a tool.”

In this latest podcast episode, Kelly also runs through the meanings of terms such as completion guarantor and contingency, and gives her tips on how to know how much items will cost.

*Drama in this sense refers to scripted feature film, television and online of any genre

Resources

  • Motion Picture Production Agreement (MPPA)
  • The Production Book
  • Broadcasting and Recorded Entertainment Award
  • Actor’s Television Progams Agreement (ATPA) Allowances and Actors Feature Film Collective Agreement (AFFCA)
  • AZ Budgets can be found in the Screen Australia resource library.

Have any feedback? Email us at podcast@screenaustralia.gov.au

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