The Australian government will cease support of the Australian Interactive Games Fund and repossess the remaining funding, the ALP has revealed in its 2014-15 budget.
There was AUD$10 million left in the fund, which was due to be allocated to Australian developers during 2014-15 to bolster the local industry and foster growth in the sector.
The ALP claims “
he savings from this measure will be redirected by the Government to repair the Budget and fund policy priorities.”
Screen Australia has announced via the Interactive Games Fund Facebook page that it will no longer accept any further applications for games funding.
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