Tamworth could attract a potentially multi-million dollar new industry - if the whole town gets behind the idea.
Local filmmaker Luke Oldknow, of Electric Light Films, said Hollywood in Australia is an already "multi-billion dollar business".
"You're not even talking millions of dollars, you're talking billions," he said.
"What it means to the actual region and the town would be in the millions of dollars."
With Russell Crowe self-funding a new half-billion dollar world-class film set just down the road at Coffs Harbour, Mr Oldknow thinks Tamworth should aim its sights at film greatness.
Tamworth has had just two films in recent memory, Unbroken (in 2014) and Superman Returns (2006).
But the region is extremely attractive for location scouts, he said
"We've got a huge scope of locations and looks. So you can get plains, you can get woodland, you can get urban [environments]. And then the architecture," he said.
"Filmmakers like to stay within about an hour of their home base, because if they have to travel any further than an hour in a day they lose too much shooting time and cost too much money. Within an hour's travel in any direction in Tamworth you get a completely different landscape."
Mr Oldknow made the pitch for the industry to Tamworth Regional Council through the regional arts advisory committee last month.
He recommended streamlining the approval permits process for filmmaking, improving branding and considering adopting a financial incentives process. Tamworth Regional Council should also hire a Film Liaison Officer, he said.
He pointed to Broken Hill an example of a community that does everything right.
"If we get behind, and everyone gets behind it and we get that message out to filmmakers I don't think there's any reason [Tamworth] can't become a bit of a filming hub especially with what's happening in Coffs Harbour now," he said.
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