Nicola Willis announces $577m boost for film

The New Zealand Government will allocate an additional $577 million to the screen production grant, a subsidy for the film industry, as announced by Finance Minister Nicola Willis during a visit to Peter Jackson’s studio in Wellington. This funding reflects the higher-than-expected demand for the subsidy, bringing the total rebate to $1.09 billion over the next four years. The scheme has been instrumental in attracting billions of dollars in film investment to New Zealand and will continue despite recent budget cuts.

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