Director Baz Luhrmann is moving from the outback to a classic pre-Depression tale. According to The Hollywood Reporter, Luhrmann has acquired the rights to the F. Scott Fitzgerald literary classic, The Great Gatsby.

Luhrman see's Fitzgerald's story as a perfect one to be told, in these economically-troubled times.

"If you wanted to show a mirror to people that says, 'You've been drunk on money,' they're not going to want to see it. But if you reflected that mirror on another time they'd be willing to." Luhrman added, "People will need an explanation of where we are and where we've been, and The Great Gatsby can provide that explanation."

He also added that he will be taking on the project quicker than his usual timing between movies.

"I'm going to move faster than I have before. I'd be surprised if it's another seven years," the filmmaker said, referring to the seven years between his last two films, Moulin Rouge and Australia.