Australia-Pacific

New Zealand's NZ On Air gives nearly $22m in taxpayer rebates to game development studios

New Zealand's public media funder NZ On Air has provided nearly NZ$22 million in taxpayer rebates to game development studios. The Game Development Sector Rebate is designed to foster the gaming industry in Aotearoa.

A video game development studio with computer workstations
A video game development studio with computer workstationsPhoto: Ron Lach / Pexels
RNZ Business2 h ago

New Zealand's public media funder NZ On Air has announced nearly NZ$22 million in taxpayer rebates to game development studios. The support is part of public investment in the country's growing gaming sector.

According to RNZ, the Game Development Sector Rebate is designed to encourage local studios to grow and create jobs. The scheme positions the gaming industry as a pillar of the country's creative economy.

The gaming sector is becoming an increasingly visible item in New Zealand's export earnings. Officials expect the rebates to help attract fresh investment and skilled workers to the sector.

TechRegulationAustralia-PacificRNZ Business
This article is an AI-curated summary of the original story published by RNZ Business. The illustration is a stock photo by Ron Lach from Pexels and is not from the original story.

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