Does our Amazon deal set a dangerous precedent? - News Summed Up

Does our Amazon deal set a dangerous precedent?


READ MORE:* National calls on Government to release full advice on Amazon deal* Amazon deal should benefit NZ tourism, productivity: economists* Behind the Amazon deal: Fancy dinners, film premieres and a Covid-19 pandemicI can’t help but think that NZ, a highly desirable filming location, underplays its hand when offering this additional 5 per cent provision. Yet there are concerns that the size and scope of this deal, and the uncapped nature of NZ’s film subsidy scheme, presents further risks down the line. Treasury is known to be unconvinced by the film subsidy scheme. The new Amazon deal is positioned as something that will boost not only tourism but also bring Amazon’s tech know-how to New Zealand. Film and TV subsidies look like they are headed in one direction, so how long can NZ afford to play this game?


Source: Stuff April 21, 2021 16:52 UTC



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