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

 


Aquaculture New Zealand welcomes Supreme Court decision

Aquaculture New Zealand welcomes Supreme Court decision

Aquaculture New Zealand has welcomed the long awaited Supreme Court decision clearing the way for three new salmon farms in the Marlborough Sounds.

“It has been a long, expensive and uncertain process to get to this point,” said Aquaculture New Zealand Chairman Bruce Hearn.

“Hopefully we are now at a point where New Zealand King Salmon can proceed with their growth plans and get on with what they do best – sustainably producing the world’s best salmon.

“Salmon farming currently generates $150 Million in annual revenue from a handful of carefully chosen sites around the country.

“These additional sites will utilise a fraction of the Marlborough Sounds’ water surface, under carefully controlled conditions, and generate substantial economic benefits and employment.”

In addition to the economic benefits, the application process has proved that New Zealand King Salmon can operate in balance with the environment and fellow water users, Mr Hearn said.

“We understand that the Marlborough Sounds are near and dear to the hearts of the community who work, fish, boat, dive and holiday on the water – and we agree whole heartedly that there needs to be appropriate levels of protection to ensure these activities can continue,” Mr Hearn said.

“This thorough and transparent process, that began with the EPA Board of Inquiry, has examined all the concerns of environmental advocates including impacts on the seabed, water column, nutrient release, seabirds and sea mammals as well as considering the natural landscape of areas and navigation.

“The Inquiry drew on independent scientific evidence and relevant experts and found New Zealand King Salmon can farm these new sites in balance with the local environment and community.

“The weight of scientific evidence shows that salmon farming in the right sites is sustainable and social research shows the majority of New Zealanders support growth in the industry.”

At the heart of it all, is nutritious and delicious premium salmon in demand here in New Zealand and high-end international markets, Mr Hearn said.

“Aquaculture is good for Marlborough. The aquaculture industry and New Zealand King Salmon will continue to work hard to ensure it is an asset the community can be proud of.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

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