John Key in Hollywood: more dollar than Dotcom

by Toby Manhire / 04 October, 2012
The great impediment to filming in NZ? Look at how the NZ v US dollar rate has changed since the first Lord of the Rings film.
Recent days have seen a welter of commentary about John Key's trip to Hollywood to court the studio bosses.

Meanwhile the debate about the super-strong New Zealand dollar and tools to tinker with the exchange rate has returned to the fore.

But I've yet to notice anything in the New Zealand media that draws the link between the two stories.

I'd wager that the Hollywood honchos are more likely to be leaning on the NZ prime minister to do something about the exchange rate than about Kim Dotcom. Maybe both.

Anyway, the point is elegantly made by Chris Bourke, writing from Wellington for the Bloomberg wire service, and published here on the site of the San Francisco Chronicle:

Eleven years ago, when Jackson first showcased New Zealand in The Fellowship of the Ring, the local dollar was worth 40 US cents. Two years later, as a red carpet ran the length of Wellington’s nightlife strip Courtenay Place for the premiere of Return of the King, the final “Rings” film, which went on to win Best Picture at the Academy Awards, it was 65 cents.


Yesterday, it bought almost 83 cents, the best performance this year among the Group of 10 currencies tracked by Bloomberg

MostReadArticlesCollectionWidget - Most Read - Used in articles
AdvertModule - Advert - M-Rec / Halfpage

Latest

Women in tech: Why the industry needs to fix its gender problem
71822 2017-04-27 15:48:38Z Technology

Women in tech: Why the industry needs to fix its g…

by Max Towle

Just under one in three IT grads in 2015 were women. But it’s not quite translating to the industry.

Read more
We shouldn't forget immigration is cyclical, too
71818 2017-04-27 15:21:44Z Social issues

We shouldn't forget immigration is cyclical, too

by The Listener

As we debate the “Goldilocks” size of our population, it's timely to remember that only five short years ago NZ was lamenting its net migration loss.

Read more
Who’s the We? Maori, Pakeha and an anthem's bonds of love
71511 2017-04-27 00:00:00Z History

Who’s the We? Maori, Pakeha and an anthem's bonds …

by North & South

'In the bonds of love we meet', goes our anthem. But who's the 'we'? Do modern histories focus too much on a clash between Maori and Pakeha?

Read more
Kaye expects 'healthy debate' over Te Reo in schools
71629 2017-04-27 00:00:00Z Currently

Kaye expects 'healthy debate' over Te Reo in schoo…

by RNZ

Any extension of teaching Te Reo in schools would depend on whether the resources are available for it, the incoming Education Minister says.

Read more
How Arthur Conan Doyle came to create Sherlock Holmes
71313 2017-04-27 00:00:00Z Books

How Arthur Conan Doyle came to create Sherlock Hol…

by Abbie Read

A new book tells how investigative chronicler Sir Arthur Conan Doyle came to create his famous private detective.

Read more
Book review: The Earth Cries Out by Bonnie Etherington
71595 2017-04-27 00:00:00Z Books

Book review: The Earth Cries Out by Bonnie Etherin…

by Paula Morris

A debut novelist finds inspiration in her New Guinea childhood.

Read more
How do New Zealanders rank as philanthropists?
71583 2017-04-27 00:00:00Z Business

How do New Zealanders rank as philanthropists?

by Sally Blundell

Kiwis take little persuasion to give to a good cause, but the demands are ever-growing. How much money gets to where it’s really needed?

Read more