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

 

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

March 2017: Commerce Commission Delays Decision On Fairfax-NZME

The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. More>>

ALSO:

Plan Plan: Permanent Independent Hearings Panel Proposed For Planning

The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. More>>

ALSO:

Statistics: NZ Jobless Rate Falls To 5.1% Under New Methodology

New Zealand's unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while a growing economy continued to support jobs growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news