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

 


DairyNZ supports Government irrigation funding decision

MEDIA RELEASE
January 23, 2013

DairyNZ supports Government irrigation funding decision


DairyNZ has welcomed the Government’s decision to support regional-scale water infrastructure which will ultimately speed up the delivery of irrigation schemes.

The Government announced today that it will create a company to act as a bridging investor for regional water infrastructure. In addition, $80 million will be set aside in the 2013 budget for water infrastructure projects.

DairyNZ Chairman, John Luxton, says the decision bodes well for the future of dairy farming and its contribution to the economy.

“The dairy industry is committed to sustainable use of water and will be releasing a new Sustainable Dairying Water Accord as well as a wider sustainable farming strategy. But, for continued development of the industry, we need to have confidence that the necessary big regional investments will happen."

Mr Luxton says the Government is taking a comprehensive and strategic approach to resource use and its investment in water storage and irrigation, rather than making one-off, ad hoc decisions.

“This kind of approach will allow the dairy industry to plan for the long-term in a comprehensive and considered manner which will give others the confidence to invest too.

“Investment in water infrastructure will have regional benefits stretching across generations. Farmers are already investing millions of dollars in irrigation systems and upgrading them to ensure efficient water use,” he says.

Mr Luxton says this kind of government support is necessary because of the scale, complexity and capital requirements of regional scale irrigation and it will ultimately speed up the delivery of these schemes that will bring a range of community and economic benefits.

“The Government, quite rightly, sees irrigation as essential infrastructure that will have national economic benefits for the country as a whole. Its National Infrastructure Plan clearly sets that out and explains why it is prioritising this kind of investment.

“The Government is investing in national economic growth through infrastructure, as it does on other fronts like transport.

“It is important irrigation is expanded in a way which does not deplete groundwater or river flows. This is why the industry is moving towards developing more irrigation schemes with water storage. Modern computer controlled spray irrigation systems are far more efficient and environmentally friendly than the old flood border dyke systems,” he says.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Insurers Up For More Payouts: Chch Property Investor Wins Policy Appeal In Supreme Court

Ridgecrest NZ, a property investor, has won an appeal in the Supreme Court over insurance cover provided by IAG New Zealand for a Christchurch building damaged in four successive earthquakes. More>>

ALSO:

Other Cases:

Royal Society: Review Finds Community Water Fluoridation Safe And Effective

A review of the scientific evidence for and against the efficacy and safety of fluoridation of public water supplies has found that the levels of fluoridation used in New Zealand create no health risks and provide protection against tooth decay. More>>

ALSO:

Scoop Business: Croxley Calls Time On NZ Production In Face Of Cheap Imports

Croxley Stationery, whose stationery brands include Olympic, Warwick and Collins, plans to cease manufacturing in New Zealand because it has struggled to compete with lower-cost imports in a market where the printed word is giving way to electronic communications. More>>

ALSO:

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Igniting The Spark: Bringing The Digital Enabler To Life

Changing a name is, relatively speaking, the easy part of a re-invention. Changing a culture, getting all the ducks in a row, turning yourself inside-out to become customer-inspired is a much bigger challenge. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news