Beneath the rebate programme first launched in 2014, eligible productions can entry a money rebate of 20 per cent for manufacturing prices of greater than NZ$15 million for function movies and NZ$4 million for tv exhibits.
“Whereas trade incentives are usually not typically our favoured strategy, the truth is we merely will not get the offshore funding in our extremely profitable display screen sector with out persevering with this scheme,” Willis mentioned.
New Zealand’s movie sector employs about 24,000 individuals and generates NZ$3.5 billion yearly, with round a 3rd of income coming from the US, its overseas ministry mentioned in a March 2025 report.
Australia, Canada and the UK present extra beneficiant incentives than New Zealand, Willis additionally mentioned.