Economic Development Minister Gerry Brownlee told the New Zealand Harald that not only is the loss of “The Hobbit” films dreadful for New Zealand, it greatly impacts future film production in New Zealand. He said:

“It’s a dreadful situation and it’s going to take a bit of work to even get future productions into good shape.”

The article further says:

The Employers’ Chamber of Commerce Central’s president Jo Bransgrove said there would be a huge economic loss if the filming was lost abroad.

“The filming of The Hobbit provides an opportunity for the creation of thousands of jobs and the injection of millions of dollars into the local economy.
“The economic momentum generated from the success of the Lord of the Rings trilogy would be lost if it does not go ahead.
Ms Bansgrove said it would “disastrous” if the filming was lost.

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Bobafett sends in this recent message from Gerry Brownlee, Minister for Economic Developement in New Zealand. 14 Octorber 2010 Media Statement: The Screen Production and Developement Assosiation (SPADA), Actors’ Equity, and Council of Trade Unions representatives met today, in a meeting facilitated by Minister for Economic Developement Gerry Browlee. It was a useful and productive discussion. Thepartiesw have agreed to work together to udate the conditions of engagement for performers in the New Zealand screen production industry. The parties believe this process will help to ensure New Zealand remains an attractive screen production environment. No further comment will be made.