Officially, the amount is invested by the federal agency Screen Australia. The money is distributed through its funds — Games: Expansion Pack and First Nations Games Studio.
The funds will be distributed among 21 game projects. That is, each will have an average of $ 142 thousand.
Games: Expansion Pack specializes in supporting Australian games whose budgets are less than $500 thousand. Since launching in March 2022, it has distributed $8 million between 62 games.
First Nations Games Studio is an even younger foundation. It is launched this May. Its peculiarity is that it supports the financing of projects that are created by the aborigines of Australia.
Australia supports its developers not only through funds. Earlier it became known that the government of the country offers a 30% tax deduction to those games whose budget is more than $ 500 thousand.
P.S. It is not discussed separately in the sources anywhere, but, most likely, we are not talking about American, but about Australian dollars. They are much cheaper (the cost of one Australian dollar is 0.67 US dollars).