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

 


Aquaculture New Zealand welcomes new research

News Release

Aquaculture New Zealand welcomes new research

August 20, 2014

New research released today by the Ministry for Primary Industries shows the vast majority of New Zealanders feel positive about aquaculture and support the sustainable growth of the industry, said Aquaculture New Zealand Chief Executive Gary Hooper.

“Aquaculture is a fresh, modern sector, generating hundreds of millions of dollars through the sustainable production of the world’s best seafood,” Mr Hooper said.

“Aquaculture is not a choice between environmental sustainability and economic growth – it is a means of achieving both.

“Marine farming occupies less than 0.1 per cent of our coastal waters yet provides over 3000 green jobs in regional areas and is the life blood of some communities.

“At the heart of the industry is our people. Our marine farmers are hard working contributors to their respective communities and this is reflected in the research.

“Their kids go to local schools, they source goods and services from local suppliers and they share the same water space and the same environmental concerns as fellow water users. They fish, dive and boat in the waters around the farms. It’s their backyard, their playground, and their legacy to their children and they make sure they protect it.

“It’s positive to see this contribution to communities and the commitment to sustainability resonating well with New Zealanders.”

In the 12 months to June 30, 2013, aquaculture generated over $298 million in exports. With improved productivity, new space and value added marketing, export earnings can more than double by 2025, Mr Hooper said.

“The world wants New Zealand farmed seafood and is prepared to pay for it. Our products are exported to 79 countries and demand outstrips supply with each species currently achieving record pricing,” Mr Hooper said.

“For the 6 months to June 30, Greenshell mussels were on track to achieve record export earnings for a calendar year.

“This strong global demand for safe, quality seafood is expected to rise steeply over the coming decades and New Zealand is well placed to capitalize on this food growing revolution with an abundance of rich coastal waters, world leading environmental management practices and caring, innovative farmers.

“This research gives us a better understanding of what New Zealanders know and feel about the sector and will be an important tool to help marine farmers work more closely with their local communities to maximize that potential and deliver significant benefits for New Zealand.”

“Aquaculture is New Zealand’s primary industry for the future.”

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news