Weak incentives make NZ’s gaming industry look to Australia

Weak incentives make NZ’s gaming industry look to Australia
Chair of the NZ game developer association Chelsea Rapp says lack of government support is disappointing. (Image: NZGDA)
Ben Moore
The government is allowing New Zealand’s lucrative and growing gaming industry to slip through its fingers, say two industry leaders.NZ’s biggest game development studios are now moving their operations across the Tasman as the Australian federal government is promising a 30% tax rebate to gaming companies on top of 10-15% in state tax rebates in Victoria, NSW, Queensland or South Australia.This piece of legislation has not yet been signed into law, but the Australian government is promising to backdate the rebates to July 1, regard...

More Technology

Researchers push-testing AIs for nightmare scenarios
Technology

Researchers push-testing AIs for nightmare scenarios

Analysts seek to determine which AI, if any, is capable of doing superhuman harm.

It’s not just TikTok. The world uses lots of Chinese tech
Technology

It’s not just TikTok. The world uses lots of Chinese tech

The US can’t and won’t ban every technology from China. So now what?

Chorus' four-year revenue cap set at $4.1b
Markets

Chorus' four-year revenue cap set at $4.1b

ComCom says it has saved consumers $172.6m over the past four years.

Staff reporters 13 Dec 2024
FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024