Baz Luhrmann's Forthcoming Elvis Presley Movie To Be Filmed In Queensland

Acclaimed Australian director Baz Luhrmann is set to film an upcoming movie based on the life of Elvis Presley in Queensland. 

As ABC reports, the Sydney-born filmmaker met with Queensland Premier Annastacia Palaszczuk in London last month to discuss the project, with production to take place at the Village Roadshow studios on the Gold Coast.

US actor and film legend Tom Hanks is confirmed to be taking on the role of Presley's manager, Colonel Tom Parker, however the role of the music icon himself is yet to be confirmed. 

"[The film] is expected to inject more than $105 million into the local economy," Palaszczuk said.

"It doesn't just offer work for Queenslanders — it offers opportunities for actors from other parts of the world to come and visit Queensland."

The Presley film will be Luhrmann's first directorial feature since 2013's The Great Gatsby, starring Leonardo Dicaprio, which was filmed in Sydney and went on to win a number of Academy, BAFTA and AACTA awards.