Australia Passes $1.9 Billion Tax Break For Their Games Industry. Crickey! Pun?

Here’s one way to encourage your nation to develop a gaming industry. Pass a thick ass donkey of a tax break for the industry, high-five everyone, and let them drink Foster’s. Right? Right!

Joystiq:

The Australian video game industry has suffered blow after blow over the past few years, having lost approximately half of its workforce and a number of its major development studios since 2008. Fortunately, Australian state officials have passed a bill which, when it goes into effect next month, will provide a $1.9 billion tax break for game developers to spend on research and development.

Not a bad way to promote an industry. So says the economist in my head, who is non-existent and/or strung out on cartoon stereotypes of nations and caffeine.