The Coalition announced its new ministry on 22 October. Senator the Hon Helen Coonan remains as Communications Minister, and Senator the Hon Rod Kemp will remain as Minister for Arts and Sport.

The Coalition's film election policy 'A World Class Film Industry' was released late in the campaign and makes the following commitments:

• $2.5 million in 2004-05 and $5 million per year in 2005-06, 2006-07 and 2007-08 to the AFC for low budget features and script development
• $2.3 million each year over three years from 1 July 2005 to the AFC for screen cultural activities including increased access for educational providers to Australian content; expanded access to screen activities, including through a extended BigScreen program; and an expanded Embassy Roadshow
• an examination of the feasibility of extending the current legal deposit scheme to include audiovisual and electronic material
• $5 million in 2004-05 and $10 million per year in 2005-06, 2006-07 and 2007-08 ti the FFC for higher budget film and television production
• $7.5 million over three years for Film Australia to produce a 10-part series of hight quality documentaries on Australia's history
• $3 million per year in 2005-06, 2006-07 and 2007-08 to AFTRS for digital interactive and multiplatform production courses and a national Screen Business Skills Centre
• $1 million per year for three years to AusFILM in extended funding
• an extension of the Film Licensed Investment Company (FLIC) scheme with details to be determined with industry though costed at one licence of $10 million
• review Division 10B and 10BA to develop proposals for improving certainty and effective operation
• a proposal to amend section 79D to ensure that it operates with the original intent.

• review whether Australian copyright law should an exception based on the principles of "fair use"
• amend the Copyright Act to give film directors rights to copyright in the films they direct
• $13.7 million over the next 5 years to implement the recommendations of the review of the National Museum of Australia
• $56.5 million to house the National Portrait Gallery in its won building
• $6 million over the forward estimates to continue the Books Alive initiative
• $5 million over 4 years to support annual 'noise' youth arts festivals
• $2.5 million to extend the Young and emerging Artists initiative to 2008
• an additional $500,000 per year from 2005-06 to Festivals Australia to support a performing artist or company to spend up to one month in a regional community
• an additional $200,000 per year to expand the Community Heritage Grants scheme to include workshops and for the National Museum to help regional museums to curate their collections
• $2.5 million in 2004-05 and $5 million per year in 2005-06, 2006-07 and 2007-08 for low budget features and script development
• $2.3 million each year over three years from 1 July 2005 for screen cultural activities including increased access for educational providers to Australian content; expanded access to screen activities, including through a extended BigScreen program; and an expanded Embassy Roadshow
• an examination of the feasibility of extending the current legal deposit scheme to include audiovisual and electronic material.