Complex sentence: It is only the third Australian film in past 15 years to meet the standards for the highly competitive Yamagata International Documentary Film Festival: held every two years, only 15 Films from around the globe are selected for this prestigious festival.
Split into simpler sentences: It is only the third Australian film in past 15 years to meet the standards for the highly competitive Yamagata International Documentary Film Festival. Held every two years, only 15 Films from around the globe are selected for this prestigious festival.