1 April 2013 11:06 PM, PDT | IF.com.au | See recent IF.com.au news »

The Gillard Government has today announced a one-off payment of $21.6m to attract the Walt Disney Studios film 20, 000 Leagues Under the Sea: Captain Nemo to Australia.

The project, at one stage rumoured to have Brad Pitt attached, is expected to create up to 2,000 jobs and result in significant investment in Australian businesses working on the big-budget production.

The additional funding can be likened to the one-off payment of $12.8m made to Hugh Jackman.s The Wolverine, which was filmed in New South Wales and Tokyo last year.

The Wolverine, which is due to be released in Australia on July 25, created over 1750 jobs, used over 1,000 Australian companies and generated $80 million worth of investment nationally, according to an Ausfilm statement released to the press.

.There has been renewed interest in Australia as a preferred location following the one-off grant provided by the Federal Government to The Wolverine, and the substantial benefits such a production brings, »

- Emily Blatchford

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