Country ReportsยทUpdated Mar 17, 2026 by Interactive Games and Entertainment Association
The Australian game development industry generated $339.1 million in revenue during FY2024, reflecting a minor 1.9% year-over-year decline despite global economic headwinds.
The sector is highly export-focused, with 93% of total revenue derived from international markets and 85% of studios prioritizing the development of original intellectual property.
Employment remains stable at 2,465 full-time equivalent workers, with 61% of studios planning to increase their headcount in the coming year.
Victoria is the industry's primary hub, hosting 52% of all studio head offices and 36% of the national workforce.
The Digital Games Tax Offset, introduced in mid-2023, is already being utilized by 25% of studios to support project funding and expansion.
The ecosystem is dominated by small businesses, as 47% of studios employ five or fewer staff members and 56% of all studios were established within the last five years.
Despite government support, developers cite securing publishing deals and obtaining early-stage development funding as their most significant operational challenges.
The Australian game development industry generated $339.1 million in revenue during FY2024, reflecting a minor 1.9% year-over-year decline despite global economic headwinds.
The sector is highly export-focused, with 93% of total revenue derived from international markets and 85% of studios prioritizing the development of original intellectual property.
Employment remains stable at 2,465 full-time equivalent workers, with 61% of studios planning to increase their headcount in the coming year.
Victoria is the industry's primary hub, hosting 52% of all studio head offices and 36% of the national workforce.
The Digital Games Tax Offset, introduced in mid-2023, is already being utilized by 25% of studios to support project funding and expansion.
The ecosystem is dominated by small businesses, as 47% of studios employ five or fewer staff members and 56% of all studios were established within the last five years.
Despite government support, developers cite securing publishing deals and obtaining early-stage development funding as their most significant operational challenges.