WASCIP working prototype

Build the stack. Test the return.

Model an indicative Australian feature-film finance plan, then test hypothetical theatrical receipts through a simplified recoupment waterfall. All figures are AUD.

01 / Budget

Set the production budget

Start with the total production cost. QAPE, the Producer Offset and the detailed capital stack are configured in Finance sources.

02 / Finance sources

Assemble the finance plan

Open the detailed capital stack, switch WASCIP on or off, and replace the indicative assumptions with project-specific terms.

Producer Offset

Calculated across the QAPE-eligible share of the total production budget. Choose the applicable rate, then adjust the estimated QAPE percentage.

$2.6m Producer Offset30% of 85% QAPE = 25.5% of total budget
Model WASCIP from the investor's position

Eligible features require a minimum $10m production budget and certified private capital equal to 30-100% of budget. The proposed 40% post-audit recovery applies only to certified WASCIP private capital and is not counted twice as production finance.

Not active
$0Capital invested upfront
$0Post-audit WASCIP recovery
$0Net capital exposed to market
0% recovered100% exposed
No WASCIP recovery appliedFull private capital remains exposed
Switching the gap loan on fills the entire current shortfall. Edit its percentage in the finance-source row to use a lower amount.
03 / Markets

Model worldwide theatrical gross

Move the sliders or type a value. Gross box office is not producer revenue: cinemas, distribution commissions and release expenses are deducted before finance begins to recoup.

Distribution assumptions
04 / Waterfall

Follow the money

The standard view reflects the usual priority of marketplace contributors and debt ahead of equity. Any private-capital priority would need to be negotiated contractually.

2.5x theatrical heuristic
0.0x

Target: $25m worldwide box office. This is a rough rule of thumb, not proof of investor profit.

Modelled waterfall break-even
Not reached

Commercial receipts have not yet recouped all modelled claims.

Assumptions and primary sources

Last reviewed: 20 October 2026. Default values are starting points for discussion and remain editable. Screen Australia: Producer Offset and QAPE Screen Australia: Market and Audience Insights - Feature Film Screen Australia: Drama Report 2024/25 Screen Australia: Narrative Content Production Screen Australia: Recoupment vs Profit Screen NSW: Production Fund