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Business Scoop » New Australian Screen Incentives Will Hit New Zealand s Fast-growing Games Industry

Press Release – NZGDA Australias introduction of a 30 to 40% tax incentive for video games will halt the growth of New Zealands video games sector, which has been the fastest growing part of our screen industry in recent years, says New Zealand Game Developers Association … Australia’s introduction of a 30 to 40% tax incentive for video games will halt the growth of New Zealand’s video games sector, which has been the fastest growing part of our screen industry in recent years, says New Zealand Game Developers Association chairperson Chelsea Rapp. “Our interactive industry can’t access New Zealand’s own screen incentives, which is bad enough, but now with this competition from Australia, we’ll see a clear brain drain with investment following,” says Rapp.

New Australian Screen Incentives Will Hit New Zealand s Fast-growing Games Industry

Monday, 10 May 2021, 10:35 am Australia’s introduction of a 30 to 40% tax incentive for video games will halt the growth of New Zealand’s video games sector, which has been the fastest growing part of our screen industry in recent years, says New Zealand Game Developers Association chairperson Chelsea Rapp. “Our interactive industry can’t access New Zealand’s own screen incentives, which is bad enough, but now with this competition from Australia, we’ll see a clear brain drain with investment following,” says Rapp. “While New Zealand has an incredibly talented and globally successful games industry, we can’t compete when you could get a 40% discount to relocate to Australia.

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