Four years ago, The National Business Review (Feb 3, 2006) called for a drastic re-think of the arts, including major changes to the New Zealand Film Commission.

Four years on, the Minister for Arts Culture and Heritage, Christopher Finlayson has received a report written by Sir Peter Jackson (pictured) and film academic David Court, reviewing the New Zealand Film Commission legislation.

The two spent nearly a year interviewing stakeholders and experts throughout the film industry to produce the thorough and thought-provoking review.

Attack, they say, is the best form of defence.

After making a second amendment to his own pecuniary interest declarations, Attorney-General Chris Finlayson’s office has drawn media attention to the slips of others over the last five years.

All up, a total 14 MPs can be named and shamed – with some omissions more exotic than others.

Prime Minister John Key says he's comfortable with cabinet minister Chris Finlayson's handling of a pecuniary interest issue raised by Labour, though he has since declared a directorship.

Labour MP Trevor Mallard said on his party's Red Alert website that Mr Finlayson had failed to declare his interest as a shareholder and director of a company.

Mr Finlayson said yesterday he didn't declare it because he had no interest in the company, which was a corporate trustee incorporation for a friend's trust.