New Zealand Updates Screen Production Incentives
Facing intense global competition for screen productions, New Zealand has revised its International Screen Production Rebate to better attract major projects.
Government Response to Industry Feedback
“Global competition for large-scale screen productions has intensified, and the settings we inherited were putting New Zealand at risk of missing out,” said Nicola Willis, the country’s economic growth minister.
Willis explained that the changes aim to maintain New Zealand’s competitiveness as other nations raise their screen investment incentives.
Details of the Updated Rebate
- The production rebate is modernized to attract a wider range of productions.
- It aims to generate more consistent work for local crews and businesses.
- The update encourages greater foreign investment in New Zealand’s creative industries.
Budget and Funding
The enhancement is supported by an additional NZ$577 million (US$323.7 million) included in the 2025 government budget, raising total rebate funding to NZ$1.09 billion.
Changes Effective January 1, 2026
- The minimum qualifying spend for feature films drops from NZ$15 million to NZ$4 million, allowing more diverse projects from cinema, TV, and streaming platforms to qualify.
- The threshold for the ‘5% uplift’ incentive is lowered from NZ$30 million to NZ$20 million, expanding eligibility to more mid-budget productions.
“These updates modernise the rebate to attract a broader range of productions, create more consistent work for local crews and businesses, and encourage greater foreign investment in our creative industries,” Nicola Willis added.
Author’s summary: New Zealand enhances its screen production rebate, lowering spending thresholds and increasing funding to stay competitive and attract diverse international projects.
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