Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Support for a balanced water allocation regime

10 April 2006

Business Council will move to build broad support for a balanced water allocation regime

One of New Zealand's major business organisations says it will lead a major research project aimed at building broadly based support for a new fresh water allocation regime.

The New Zealand Business Council for Sustainable Development says it welcomes the Government's move today to launch work on developing a nationally consistent approach to managing the growing demand for water.

The council's Chief Executive, Peter Neilson, says: "The 'first come first served' gold rush approach to allocating water has run its time as an allocation system. It cannot cope with increasing demand which, in some areas, has led to over allocation.

"We welcome the Government's move to look for alternatives. Subject to confirmation of support from one or two more organisations, we will launch a project shortly to help build a consensus around an improved allocation regime."

Mr Neilson says that the project will allow business, major water users and other stakeholders to work collaboratively to develop a model on how water can be allocated to the highest-value use. At the same time the model needs to accommodate the needs of public interest and Maori, power generation, recreational users, agriculture, and tourism - and other business interests.

Following the government's announcement today, the proposed project will create an opportunity to provide a business view on a more market based allocation and use framework. It will map the transition pathway to achieve a sustainable water management regime and provide valuable external advice to Ministers and advisors.

"We need a new way. It needs to produce a process which balances the needs of water users with the whole community's needs.

"It's pleasing to see the Government is prepared to look at the transfer of water rights so the greatest value is secured from use of this precious resource."


© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>