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

 

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

ALSO:

Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

ALSO:

Going Dutch: Fonterra Kicks Off $144M Partnership With Dutch Cheese Maker

Fonterra Co-operative Group, the world’s largest dairy exporter, has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe. More>>

ALSO:

Scoop Business: NZ Retail Sales Beat Estimates

New Zealand retail sales rose more than expected in the fourth quarter, led by vehicle-related transactions, food and beverages, adding to evidence that cheap credit and a growing jobs market are encouraging consumers to spend. More>>

ALSO:

Delivery Cuts Go Ahead: 'Government Money Grab' From NZ Post

"It's a money grab by the Government as the shareholder of New Zealand Post" says Postal Workers Union advocate Graeme Clarke about the changes announced by NZ Post. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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