An extra $27.8 million over four years goes to the New Zealand Film Commission. It will administer a new Screen Production Incentive Fund for eligible New Zealand films and television productions. [Ministerial Press Release]
For the full details on the SPIF guidelines go to www.mch.govt.nz [1]. [SPADA Press Release]
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The New Zealand Film Commission has welcomed the increased funding for filmmakers of medium-scale films with approved New Zealand content, and the further impetus that it should create.

“The Commission views it as a positive response to the Australian Producer Offset Scheme which had potentially put at risk some filmmaking capability in New Zealand,” said NZFC Chairman David Cullwick.
See http://www.thebigidea.co.nz/article.php?sid=5584 [2] for the rest of the article.