Wed, 28 Nov 2012 10:14a.m.
The Hobbit trilogy is being hailed as a huge asset for New Zealand’s film and tourism industries.
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30/11/2012 1:52:33 a.m.
What a big joke, the poor kiwi actors got paid peanuts, those overseas actors got paid millions and they will get a cut of DVD sales, yes they bent the employment rules. I had a friend who worked on the movie and found out how much most of those overseas actors were paid, he said he felt ill. Look what happened with lord of the rings they made a hole heap of money
28/11/2012 11:56:25 a.m.
Production costs in NZ around $460 mil and almost all of that has been paid in wages subject to PAYE which has seen the govt collect over $100 mil.ie they have already got more back from it than they are putting in.The 15% rebate was already on the table from before National arriving in govt in 2008. That rebate gives someone like warners an incentive to earn large, and leave that money in NZ as capital investment for thier next series of movies, as taking it back to the US would see it taxed @ 35%. If they earn up large, NZ still will benefit more. The more sucessful and the more warners earns from the Hobbit, and the more NZ will collect in tax and the more likely warner will have future movies made here.NZ also getting like $10 mil US as part of the promotion campaign to help promote NZ in the deal which will be good international exposure.Tourism directly related to the movie? Its small. But Lord of the Rings lead to the Hobbit, which was big. We are on part one and already $460 mil spent and much PAYE tax collected, all built on the success of Lord of the Rings.That we have the Hobbit being made here already shows success and huge growth in that part of our economy. Thats already $460 mil spent in NZ and tax collected we wouldn't have seen if the NZ actors guild fronting for overseas interest had stopped it as they planned.
28/11/2012 11:37:46 a.m.
All this for the Hobbit while the Government neglect and marginalize the traditional high yield niche tourism industry.
The Government is the biggest beneficiary of tourism via bureaucratic charges and taxes but seemingly want to maximise that take to the detriment of the industry.
They're sucking the Golden Goose dry.
Similar government intervention as that for the Hobbit is required to sustain tourism into the future.
John Key has announced a $158 million boost for the recovering tourism industry.
New Zealand could be taking in 1 million Chinese tourists a year by 2018.
John Key has flung open the doors to Chinese tourists and wants a million to visit each year
Business owners in one of New Zealand's most desired holiday destinations say they're struggling to recruit workers either here or from overseas.
Canterbury tourism operators say they're finally seeing a lift in visitor numbers to Christchurch.
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