Has the Govt paid too high a price to keep The Hobbit in NZ?

Photo / Karim Sahai/karimsahai.com

Up to $34 million in tax breaks and help with marketing costs and an urgent change to labour laws are the price of keeping The Hobbit in New Zealand.

A deal between Warner Bros executives and Government ministers was confirmed last night after two days of negotiations.

The announcement was widely applauded - except by the Green Party, which called the plan for a law change "outrageous".

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Has the Govt paid too high a price to keep The Hobbit in NZ? Here is the latest selection of Your Views: