The Melbourne International Film Festival established in 1952 (60th – 2011) is the most significant screen event in Australia. MIFF takes place in the heart of the city and presents an acclaimed screening program alongside contextualised, industry and celebratory events. MIFF showcases both the best in current cinema from around the world as well as retrospectives, tributes, and 'talking pictures' programs. Since its inception MIFF has been committed to local film and screens an Australian survey as well as hosting celebratory world premieres for of Australian films.

Complementing the screening program is MIFF's renowned industry program that includes MIFF's investment fund (the Premiere Fund) and the director's development program, (Acclerator). MIFF's finance market (37 Degrees South) brings the national and international screen industry to Melbourne during MIFF and celebrates Melbourne as a centre for screen business.

In 2011 MIFF delivered more than $7.6 million into the local economy*.

*Sweeney Market Research Sept. 2011