In a deal estimated to be worth $80 million to the New South Wales economy, the blockbuster is the latest big budget movie to be made in the state following recent hits such as The Great Gatsby, Lego, Walking With Dinosaurs and Happy Feet 2.
Deputy Premier Andrew Stoner, who helped secure the deal with 20th Century Fox when he flew to Los Angeles in January, said winning the film would generate more than 2000 jobs for Sydney.
"The Wolverine is expected to generate more than $80 million in production expenditure in NSW and create more than 720 jobs for NSW-based cast and crew, along with opportunities for 1200 extras," he said.
"It is a testament to our screen industry that Hugh Jackman and his team have chosen to come back to Australia after such a positive experience making the X-Men Origins."
The Wolverine is scheduled for a July 26, 2013 release.
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