Your holy grail of entertainment might look V different soon as a government inquiry is currently looking at introducing local quotas, Sydney Morning Herald reports.
The issue was addressed at an inquiry into the sustainability of the film and television industry last Friday.
"We recognise that the system we currently have in place is probably not contemporary for our environment, and what we're really starting to grapple with is the online space," said Carolyn Patteson, content head at the department.
She also stated that her department is currently looking into the matter and will have an answer about whether or not it will be poss by the end of the year.
She added: "This goes to [the question of how] do we make sure … it's platform-neutral, for want of a better description, and should there be quotas applied to the online environment."
At the mo, free-to-air television in Australia must have 55 per cent Australian shows between 6am and midnight.
Streaming services do not have any requirements but that could soon change!
Stan's head of content, Nick Forward told Fairfax that "in the coming year we will double our output of Stan original productions".
He added: "We are encouraged to see the Government working to ensure the production of great Australian content remains sustainable."
Netflix declined to comment but did point out that they currently have a range of Aussie content that they had licensed from the ABC and other networks.
They also expressed that they distribute homegrown content in foreign territories.