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

 


Farmers thank Government for 2013 water kick-start

23 January 2013

Farmers thank Government for 2013 water kick-start

The Government moving to set up a company to act as a bridge investor for regional water storage projects is being applauded by Federated Farmers.

“What the Government is doing here should be applauded by environmentalists as much as it will be by farmers,” says Bruce Wills, President of Federated Farmers, speaking from his farm in the Hawke’s Bay.

“It was over 30 degrees outside and the pasture I was looking at is brown. The last significant rainfall we had here was before Christmas but I am not complaining, this is farming on the East Coast.

“In saying that it highlights the big two opportunities we have with water storage, the economic and the environmental.

“The best way to keep nutrients and soil on our farms and out of water is green living grass. It is really that simple.

“Farms like mine have dams but they can only last so long. In winter, when you see our rivers over capacity, you ask why this cannot be stored for use when we hit a dry spell like now.

“Take the Hawke’s Bay Regional Council’s Ruataniwha Plains Water Storage Project as one example. If it comes off, it will not only be big for the Hawke’s Bay but big for New Zealand.

“The resulting reservoir will cover an area of some 372 hectares; only slightly smaller than Sydney's central business district but around double the size of Wellington's.

“Farmers will have to pay a water distribution price so this is not a hand out, but a hand up. The government will exit to bring in further private sector investment. We only need look to the performance of Fonterra’s units on the NZX to see what could be possible.

“It also speaks volumes that the poster project for water storage remains Canterbury’s Opuha Dam. This exercise in perseverance took years highlighting why short-term government involvement is needed to deliver economic infrastructure.

“What we know from Opuha is that since it opened there has been numerous environmental and recreational spin-offs, in addition to benefiting farmers of course.

“The Ruataniwha Plains Water Storage Project in my area will lift the area of land influenced by irrigation from 6,000 hectares to some 42,000 hectares.

“Economic analysis indicates farm output in the Hawke’s Bay will rise by $160 million each year with farm value add increasing by $70 million. That last amount includes additional household income worth $24 million each year.

“An additional 632 full-time equivalent jobs will be created and we are just talking about one project. These are real green jobs because that is the colour of the grass it will grow.

“This will greatly aid the development of not only pastoral agriculture and horticulture, but value-added manufacturing too. In early 2012, Heinz announced closure of their Australian plants in favour of the Hawke's Bay.

“Politicians from the left and the right agree Canterbury’s Opuha Dam works, so why not speed similar projects along? This is what the Government is doing here and it will be as good for jobs as it will the environment,” Mr Wills concluded.

You may wish to read these resources:

Ruataniwha Plains Water Storage Project details, reports and analysis

The Opuha Dam Story - Irrigation Efficiency Portal

Opuha Dam economic report

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news