Manufactured crises at the Hobbit costs $15million more in corporate welfare
John Key has just announced the Hobbit will stay, but has agreed to pass new labour legislation for Warners and he has caved into giving them the larger tax rebate they wanted! An extra $15 million in corporate welfare on top of the $60 million in corporate welfare we were already giving them.
It's hilarious that John Key is handing out more corporate welfare while slashing domestic welfare and the mainstream media union bashed rather than challenge the underlying assumptions behind this right from the beginning.
It was never about the actors unions, and this will back fire on the Government now, it was sold to the public as all the fault of the actors unions when the reality was that was a divide and rule tactic by Warners that just saved them $15 million, NZer's will feel they've been conned and played like chumps.
It was all so predictable.