Sydney- The new producers’ tax rebates of 40% of Australian spending for feature films and 20% for TV drama, children’s drama and documentaries will generate “a great deal of new production activity,” according to leading entertainment lawyer Ian Robertson. He said the TV rebate will chiefly benefit the bigger production companies which have a solid track record and can achieve significant through-put, and thus help the industry become a real business, moving away from project-to-project financing. Film Finance Corporation Australia, which will administer the rebates until the creation of the Australian Screen Authority on July 1 2008, will determine the guidelines for Australian content of eligible productions in consultation with industry. FFC Chief Executive Brian Rosen tells Television Asia the test of “Australian-ness” could be modeled on the UK Film Council’s cultural test. The FFC will be able to co-invest with projects that use the rebates, which come into effect on July 1. But the agency says it won’t consider co-funding proposals at its July or September meetings, until detailed information is available on the rebate scheme.