Financial movie magic to drive ongoing economic boost for New Zealand

Better to have a little of something rather than everything from nothing.  The Key government has found the balancing point where we can  keep our word leading talents at home, off the dole queue, and part of making a superior product that will continue to highlight New Zealand as a great filming destination.  Nick Perry at the Herald reports

Fuelled by politicians giving out generous tax breaks, film-making talent is migrating to where the money is. The race allows powerful studios with hundreds of millions of dollars at their disposal to pick the best deals.

This month, James Cameron announced plans to shoot and produce the next threeAvatar sequels largely in New Zealand.

Cameron gets a 25 per cent rebate on production costs, as long as his company spends at least $500 million on the three films.

“There’s no place in the world that we could make these sequels more cost effectively,” says producer Jon Landau. It is neither the country’s volcanoes nor its glaciers that are attractive, because the Avatar movies will be shot indoors.

“We looked at other places,” said Landau. But in the end, “it was this rebate.”

The wreckers and haters on the left continue to say this is a bad idea.  Labour and the Unions apparently prefer people to not work to somehow retain some ideologically pure poverty that comes from not being able to find any work.

The logic escapes me.  

In exchange, the local economy would benefit hugely, Landau said, comparing the ripple effect to the boost that comes from new-home construction.

The deal was “the best Christmas present we could have possibly hoped for”, says Alex Lee, an Auckland entertainment lawyer.

The news is especially welcome because the local screen industry is facing a potential drought: Sir Peter Jackson’s The Hobbit trilogy is set to wrap up next year.

Thanks to the Avatar sequels, the 1100 workers at Weta Digital, the groundbreaking digital effects house Jackson co-founded in 1993, can keep working through to 2018.

Don’t think for a moment that not having any work for these highly talented and skilled people won’t result in them spreading all over the world like movie magic diaspora.

This is an excellent move, and next time one of the leftards taunts you with “Key only looks after his rich mates”, you might want to say: “Where are the jobs?  THERE they are!!”.

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