Green Lantern Movie To Film In Australia

From The Hollywood Reporter:

Warner Bros. and DC Comics' next big-budget feature, "Green Lantern," will be made at Fox Studios Australia in Sydney, New South Wales Premier Nathan Rees said Thursday.

Director Martin Campbell will be at the helm of the comic book's big-screen adaptation, working from a script by Greg Berlanti and Michael Green. Donald Deline will produce with a reported budget of $150 million.

Rees said the film will create about 500 jobs and include a "substantial investment" in digital effects work in Australia.

"The decision by Warner Bros. to locate the production in New South Wales is tangible evidence that having a competitive incentive scheme in place returns positive results," Fox Studios Australia CEO Nancy Romano said.

The project is the latest film also to be attracted by the decline in the value of the Australian dollar.

Preproduction on "Green Lantern" is set to begin in July, and filming is scheduled to start in November. Warners is aiming to release the film in December 2010.