PRIME Minister Tony Abbott and his crew have dug up a treasure chest in a last-minute bid to lure Pirates of the Caribbean 5 to our shores.
The Federal Government has agreed to offer $21.6 million worth of incentives to Walt Disney Studios to film the next instalment of the hit movie series in Queensland.
The package had been approved by the previous government for another Disney film, 20,000 Leagues Under The Sea, which has been shelved.
A spokesman for Arts Minister George Brandis said the Government "is pleased to agree to Disney's request to enable earlier funding to be repurposed for Pirates of the Caribbean 5".
The decision comes just two days after news of reported delays in approving the location tax offsets were jeopardising Queensland's chances of winning the $230 million production with Disney wanting to finalise plans.
The Sunshine State would be a big winner with many of the scenes expected to be filmed at the special tanks at Village Roadshow Studios on the Gold Coast. Disney has also scouted likely locations in Far North Queensland.