As of 1 April 2014, the key criteria for the New Zealand Screen Production Grant have been announced and further details are available from the New Zealand Film Commission's website.
The government is making changes to the Large Budget Screen Production Grant and Screen Production Incentive Fund following reviews of the screen industry.
The screen industry reviews, conducted by the Ministry for Culture and Heritage (MCH) and Ministry of Business, Innovation and Employment (MBIE), looked at a range of government interventions in the sector, including co-productions, training and development, international marketing and promotion. The reviews found that the current incentives have been effective in meeting economic and cultural objectives but that changes could be made to encourage growth in the industry.
More details including Ministry reports and Cabinet papers are available on our research reports page.
In December the Government announced changes to the structure and level of support for overseas and New Zealand film and television productions to ensure the further development of New Zealand’s screen industry.
A new consolidated fund will provide an internationally competitive incentive of 20 per cent of qualifying costs of international productions made locally, with a further 5 per cent available where productions can demonstrate significant economic benefits and activities to strengthen the local industry. Medium-sized productions (between $15 million and $50 million) which feature New Zealand content and significant local creative control will qualify for more support than previously, in order to harness and grow the benefits from local intellectual property.
At the same time, the Government announced that it has signed a memorandum of understanding with Lightstorm Entertainment and Twentieth Century Fox Film Corporation that will see the next three Avatar films made in New Zealand.
Updated on 29th July 2015