As it currently stands, The Hobbit has been greenlit, the union dispute has been resolved, the cast is set, and it looks like the production is going to be moved out of New Zealand.
Here is a sixteen minute video interview with Peter Jackson and co-producer and co-writer Philipa Boyens, in which they talk about these issues with New Zealand’s Mark Sainsbury. It's obvious in the interview that Jackson has been very frustrated with everything that's been going on with getting The Hobbit to this point. When he starts talking about Helen Kelly, the president of the New Zealand Council of Trade Unions, he just goes off saying,
I’m trying to save my movie. She’s behaving like somebody who thinks she knows about filmmaking, she really hasn’t got a god damned clue…How dare you. You are choosing an Australian union over the workers of our country. Stuff her. I don’t care what the hell she says.
Watch the video below.