New Zealand passed a new set of amendments to labour laws that provides additional tax rebates to an American company to produce something there. This also now changes the status of locally hired people to 'contractors' and not 'employees', subject to conditions. The hurried passage of the bill has caused a lot of controversy in New Zealand. What is the bill being nicknamed as?
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The "Hobbit" bill. Warner Bros threatened to move production of the two Hobbit films (to be directed by Peter Jackson), which led to the NZ govt. acceding to a new deal, in order to retain jobs.