Even before it's started shooting, the movie version of DC Comics' Green Lantern has hit trouble. Thanks to the falling US dollar, the production has found itself homeless with just months to go before it's due to begin.

The Hollywood Reporter has the story that Warners have pulled plans for the movie, starring Ryan Reynolds as test pilot-cum-space cop Hal Jordan, to be shot in New South Wales due to the strength of the Australian dollar against the US dollar; yesterday, the Australian dollar hit a 27-year high against the US dollar, making the shoot 30% more expensive to Warners than it had been when plans were first announced six months ago. The studio released a statement that read,

After working closely with our partners at the NSW Film and Television Office (Screen NSW) and examining every scenario, we have decided to move the production of 'Green Lantern.' We are extremely grateful for the assistance we have received from the NSW Government, Fox Studios and the NSW filmmaking community.

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No new location was revealed for the Green Lantern shoot, but rumors suggest Canada or Mexico are likely candidates. Green Lantern is scheduled for release in Summer 2011.

Lights out for 'Green Lantern' in Oz [Hollywood Reporter]