Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Support measures a shot in the arm for local screen industry

16 December 2013

New support measures a well-needed “shot in the arm” for local screen industry

NZ Equity today welcomed the announcement by Prime Minister John Key that the New Zealand government will be boosting the tax rebate for large budget productions from 15 to 20 per cent with the possibility of an extra 5 per cent in some cases. The Government has further announced the combining of the Large Budget Screen Production Grant (LBPSG) and the Screen Production Incentive Fund (SPIF) schemes into one scheme to be known as the New Zealand Screen Production grant (NZSPG), the removal of the distinction between film and television when supporting local productions through the 40 per cent rebate and changing the support structure for local productions from a grant to an equity stake to incentivise more middle sized NZ-owned and developed productions.

“This is a real shot in the arm for the local screen industry,” Equity President Jennifer Ward-Lealand said. “The screen industry has experienced some lean times recently brought about by the fluctuations of the NZ dollar and increased international competition. So we are very pleased to see the government has responded positively and in a balanced manner. Equity has for some time now been arguing that while we very much support large scale foreign productions coming to New Zealand, we must not forget about the local industry, the local industrial base and of course the creation of local stories. The policy announced today seems aimed at doing just that and Equity welcomes the renewed approach to build a sustainable local sector and subsequently, sustainable local careers for performers and crews.”

The changes to the rebate coincide with the announcement that James Cameron will be shooting the next three Avatar films in New Zealand. The MOU established includes the possibility of additional incentives an internship programme and employment guarantees for crew.

“Equity strongly supports the principle that when international productions shoot in New Zealand that we must leverage these opportunities to support the development of a sustainable local industry. The producers of Avatar have shown significant good faith in working with the local industry and this must be acknowledged. Equity congratulates James Cameron and Jon Landau in taking steps to serve as founding members of the new screen industry board to provide advice and guidance to the NZ screen industry. The difficulties faced by the production service sector working on international productions has shown us that we need to nurture our local industry and local industrial base if we are to build a sustainable, vibrant and successful industry. We would expect that this principle would also extend to developing and providing opportunities to the talented performer base we have in New Zealand. Avatar provides an exciting opportunity for local performers and Equity looks forward to the films coming to our shores” said Ms Ward-Lealand.

www.actorsequity.org.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Balance Of Trade: NZ Posts Trade Deficit In October On Falling Dairy Exports

New Zealand’s posted its largest monthly trade deficit for October in six years, while narrowing the shortfall from September, led by a fall in dairy exports to China while all main imports into the country rose. More>>

ALSO:

Gigatown Winner: Plenty Of Positives For Dunedin

Although the city has taken the Gigatown title, along with new ultrafast 1Gbps broadband and funding for $700,000 worth of UFB-related initiatives across the community, Mr Cull says Dunedin has gained so much more through its involvement. More>>

ALSO:

R18: The Warehouse Group Praised For Removing Games

The decision by New Zealand’s largest retailer The Warehouse Group (TW Group), to withdraw stocks of the latest version of Grand Theft Auto V (GTA V) and other R18 games, has been praised by advocacy group Stop Demand Foundation. More>>

ALSO:

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news