Australian TV shows including Home and Away handed tax breaks in battle against Hollywood

‘We want to see more Australian stories shown on screen,’ arts minister Tony Burke says

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails,free app or daily news podcast

Australian television shows such as Home and Away will be able to compete on a level playing field with Hollywood streaming companies such as Netflix, Apple Tv and Disney+, after federal government changes to tax laws in the industry.

Australian producers have long complained that local productions are unfairly disadvantaged because the tax breaks offered to the industry only apply to mega-budget productions that invariably only Hollywood studios can afford in Australia.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup