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GDAA and TIGA join forces to lobby for tax breaks for game developers

(press release)

Melbourne – Monday 14th April 2008

Greg Bondar, CEO of the GDAA and Dr Richard Wilson, CEO of TIGA, today announced that they would be working more closely together to ensure that their respective governments gave their game developer members a 'leg up' by way of tax breaks.

"Australian and UK game developers can compete successfully against game developers across the globe when market conditions are fair. However, the scales are increasingly tipped against them when the governments of other countries, especially Canada, heavily subsidise their game developers", said Bondar and Wilson.

"With 300+ companies involved in the video game industry in Canada, some 56% are now developing proprietary technology due to the funding initiatives of the Canadian government", it was pointed out by Bondar.

GDAA and Tiga will share future research findings that highlight the benefits that tax breaks for games production would provide for both the games development sectors of Australia and of the UK and to their respective economies.