Some VFX related news in the land down under:
Sydney has beaten Vancouver to James Mangold’s The Wolverine, the sixth film in the X-Men franchise, principally because the Australian Government is providing a one-off cash incentive of $13.2m.
Vancouver film production reaction here. Apparently an almost 50% labor subsidy in Vancouver isn’t enough for some producers. Interestingly the article claims that most of the post production will be done in the US.
In New Zealand, some politicians are questioning the effectiveness of VFX subsidies in inhibiting home grown talent:
An application by Oscar-winning effects company Weta Digital to bring in hundreds of foreign workers proves New Zealanders are missing out on plum film industry jobs, Labour says.
A document leaked to Labour Party spokeswoman for labour issues Darien Fenton reveals Weta has applied for Immigration Department permission to employ 369 highly skilled overseas film workers in 2012.
The usual argument by subsidy supporters is that the money foreign VFX talent spend on lattes and local taxes offset the taxpayer costs. There’s never really been an independent study in New Zealand about the return but most film subsidies in the US are found to be money losers.