It is absurd to claim that the decline in audiovisual investments would be the only decisive reason behind the new streaming quotas in Australia.
These large-scale regulations never stem from a single factor but are the result of extended deliberations and various political pressures.
Thinking that governments react with complex policies to every minor short-term economic fluctuation is unreasonable.
For example, countries like France implemented local production quotas long before noticing such a clear decline in investments in their national audiovisual sector.
The drop in investment here seems to serve as a convenient alibi for a measure that was already in the pipeline.