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

 


NZ King Salmon is ready to bring economic benefits


NZ King Salmon is ready to bring economic benefits to Top of the South

The EPA Board of Inquiry hearings are finished, the final decisions have been handed down and we have the green light to get on with bringing new prosperity to our region.

NZ King Salmon has provided comments to the Board of Inquiry on minor and technical issues. All submitters have had the opportunity to do likewise. While we have 15 working days to decide on whether or not to appeal the board’s final determination, at this stage it seems unlikely that NZ King Salmon will appeal. Appeals can only be made on points of law.

Currently every year we create almost $25 million in wages and salaries for the area. The EPA’s Board of Inquiry has given us the green light for four new farms covering only six surface hectares.

That will enable us to double production to 15,000 tonnes over the coming years bringing in to the country an extra $60 million a year in export income and ultimately adding much-needed new jobs to the region.

We will also gather valuable scientific knowledge so the Marlborough Sounds can be better managed as a multiuse area. At no cost to the ratepayer we will be funding a comprehensive research programme of nitrogen levels from all sources, not just fish farms. That research will establish baseline levels of nitrogen in the Sounds and their sources to support our contention that nitrogen levels from fish farms have little effect on the environment.

Even though there has never been an issue with king shags, we will be funding a programme to monitor population levels and if need be ensure the community as a whole can better care for these important birds.

The scientific programme will be monitored by a peer review panel of expert scientists. They will serve in an advisory role for the company, Marlborough District Council and iwi. All their insights will be available to the public.

We have received great support from the Top of the South community. People understand that commerce and conservation can work together. We look forward to getting on with the task at hand and bringing our new farms on stream so we can support the economic wellbeing of the Top of the South.
Grant Rosewarne, CEO, NZ King Salmon

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news