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

 


Ruataniwha final decision will take days to digest

Media Release


26 June 2014

Ruataniwha final decision will take days to digest

It will be at least several days before the Federation is in a position to comment on the final decision by the Tukituki Catchment Proposal Board of Inquiry.

“We jumped a high fence yesterday with the council vote, but until we digest the Board of Inquiry’s final decision, we don’t know if we’ve jumped the Board of Inquiry one,” says Will Foley, Federated Farmers Hawke’s Bay provincial president.

“I will be honest and say it will be days until we are in a position to make any comment.

“We are talking 17 volumes across 168.4MB of data. It’s like The Luminaries in scope and until we can look at the decision in its entirety, we cannot comment on the summary or individual parts. I am afraid this is one time where it will take time to read and digest.

“That said yesterday, Hawke’s Bay’s political leaders listened to the community’s voice expressed through consultation and a physical show of support for Ruataniwha

“I’d like to single out Councillor Beaven for praise. He showed true grit in breaking ranks with the minority of councillors opposing Ruataniwha. That took real guts and we won’t forget it or the way farmers and the community came together for Ruataniwha.

“The Tukituki Plan Change is, first and foremost, an environmental solution to help tackle nuisance algae found in the Tukituki during summer. You could say it is an environmental solution with incredibly strong economic benefits by way of storing rainwater.

“That’s why ratepayer investment is capped at $80 million out of the $275 million build cost. Farmers like me will need to put in upwards of $400 million more of our own money to build the on-farm infrastructure.

“The private dollar could take the lead here but the environment could also benefit.

“Members of Federated Farmers are absolutely committed to the environmental sustainability of our farms. We also want to see our children swimming in an algae-bloom free river and a water storage dam will contribute positively to both outcomes.

“But only if that dam stacks up as a commercial investment and that’s now the key here. I know investors are in the wings for Ruataniwha but their involvement hinges on the plan change being economically viable.

“If we don’t see movement towards that then we’ll lose not just the dam, but put the viability of farming on the fertile Ruataniwha plains in jeopardy.

“In the meantime, I am proud of the place I call home because the Bay has shown to New Zealand that it wants a strong future. Let’s hope those holding the pen agree,” Mr Foley concluded.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Finance: Major Campaign To End "Gross Overtaxation Of Savings"

The campaign – which includes a special web site through which New Zealanders can e-mail their own and other MPs and party leaders – is backed by Age Concern, Consumer NZ, the Financial Services Council and the Taxpayers’ Union. More>>

ALSO:

Scoop Business: Leighton-Led WGP To Build, Manage Transmission Gully

The Wellington Gateway Partnership, led by a unit of ASX-listed Leighton Holdings, has won the $1 billion contract to build the Transmission Gully road north of Wellington. More>>

ALSO:

Gareth Morgan: The Government’s Fresh Water Policy – Revisited

Fresh water quality is the latest area to be in the sights of Gareth Morgan and his research organisation The Morgan Foundation... They found that the fresh water policy was a bit murkier than the Environment Minister let on. More>>

ALSO:

Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed

Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.” More>>

ALSO:

Fonterra: Canpac Site 'Resize' To Focus More On Paediatrics

Fonterra is looking at realigning its packing operations at Canpac, in the Waikato, to focus more on paediatric nutritionals... The proposed changes could mean around 110 roles may not be required at the site which currently employs 330. More>>

ALSO:

Scoop Business: Postie Plus Brand Gets 2nd Chance With Well-Funded Pepkor

The Postie Plus brand is getting a new lease of life after South Africa’s Pepkor bought the failed retailer’s assets out of administration and said it will use its purchasing power to reduce costs of stock and fatten margins. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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