A survey of Australian game developers found the industry generated $118.5 million in the 2016-17 financial year, up from $114.9 million the previous year, with 75 percent of studios surveyed projecting future growth.
The South Australian government has launched a $2 million fund to help build a games development hub in Adelaide, which will be operated by Game Plus, which also runs a games hub in Canberra.
Australia’s gaming industry grew at a 9.6 percent CAGR between 2013 and 2016 as it expanded into other sectors, according to a joint report.
Australia’s game development industry has massive potential for growth as an export industry, according to an independent survey by IGEA and GDAA.
Scale ups now have access to new equity capital through the government’s $540 million Business Growth Fund
Antler Sydney just invested more than $2 million in its largest-ever cohort of new startups
Victoria is easing lockdown restrictions – amid hopes to open up more ahead of November 1
Afterpay shares crashed through the $100 barrier after announcing a savings account deal with Westpac
Daily startup news and insights, delivered to your inbox.
