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Elvis, Mortal Kombat II not enough as Screen Australia hits record low returns

The Australian Financial Review (AFR) •
November 11, 2026 • 12:58 AM
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Despite a big year at the box office Screen Australia reported its lowest ever return on investment, underscoring a visibility problem for Australian stories.

Elvis, Mortal Kombat II not enough as Screen Australia hits record low returns

A compilation of Elvis Presley footage was Screen Australia’s most successful venture in the past year as the agency’s financial return on its investments in local film, TV and video games fell to a record low, despite a bumper year at the box office.

Royalties on screen investments came in at $2.3 million in Screen Australia’s 2025-26 annual report released last week , 46 per cent below the prior year and the lowest nominal amount in the agency’s 18-year history, despite the taxpayer-funded agency’s $70 million-plus annual spend.

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