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

 


Full speed ahead for water agreements despite appeal

Media Release

18 July 2014

HBRIC Ltd reassures farmers it is full speed ahead for signing up water agreements despite appeal

The Hawke’s Bay Regional Investment Company Limited (HBRIC Ltd) is reassuring farmers signing up to take water from the Ruataniwha Water Storage Scheme that it is full speed ahead despite an appeal to the Board of Inquiry’s final decision on the scheme and Tukituki Plan Change 6.

Hawke’s Bay & Eastern Fish & Game Councils lodged an appeal to the Board’s final decision at the last minute yesterday.

HBRIC Ltd Chief Executive Andrew Newman says potential water users need to know that HBRIC Ltd is very confident the Board’s final decision provides a workable consent for the scheme, and HBRIC Ltd will be advising the Hawke’s Bay Regional Council of this at its meeting on 30 July.

“HBRIC Ltd is also of the view that the RWSS combined with the Tukituki Plan Change will deliver both environmental improvements for the river and a more resilient and prosperous economy,” says Mr Newman.

“It is unfortunate that Fish & Game has decided to appeal the Board’s final decision. There has been an extremely robust process resulting in what Fish & Game Chief Executive Bryce Johnson, said on 30 June ‘remains a significant victory for freshwater quality’.

Mr Newman says Fish & Game’s decision to appeal completely contradicts that statement and indicates that the appeal is simply a delaying tactic, rather than having any substance to it. It also indicates that Fish & Game’s position is very narrowly focused.

He says HBRIC Ltd is, however, hopeful the appeal can be heard with some urgency so that this delay does not prejudice the existing commercial negotiations.

Mr Newman says in its final decision the Board corrected certain aspects of its draft decision, which the Board described as having unintended effects. Through its appeal Fish & Game is seeking to have those corrections reversed.

He says HBRIC Ltd staff are working closely with farmers keen to sign water contracts with the scheme and this process will continue despite the appeal, as HBRIC Ltd has confidence in the Board’s final decision.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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