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

 

Rock Lobster Industry Welcomes Prime Minister’s Pledge

Rock Lobster Industry Welcomes Prime Minister’s Pledge of Farmland Buffer Zones

The New Zealand Rock Lobster Industry Council has today praised the National Party pledge to spend $100 million over 10 years to buy and retire farmland next to waterways to provide a buffer and improve water quality.

The pledge was made by Prime Minister John Key in Southland this morning.

Rock Lobster Executive Officer Daryl Sykes says the National Party pledge represents an appropriate recognition of the quality and integrity of private property rights and invokes market mechanisms to resolve concerns about the natural environment.

“As such, the pledge sets a useful precedent for resolving similar concerns across marine aquatic environments, and the rock lobster industry looks forward to working with the Prime Minister to institute similar policy for marine conservation,” he says.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

'Irregular Accounting': Voluntary Suspension Of Fuji Xerox Govt Contracting

This suspension gives the Ministry of Business, Innovation, and Employment time to understand the full implications of the report from FUJIFILM Holdings into irregular accounting practices at FXNZ. More>>

ALSO:

MPI: Cow Disease Detected In NZ For First Time

MPI is responding to the detection of the cattle disease Mycoplasma bovis in a dairy herd in South Canterbury... The disease is commonly found in cattle globally, including in Australia, but it’s the first detection of it in New Zealand. More>>

South Island Flooding: Focus Moves To Recovery

As water recedes throughout flood-impacted areas of the South Island, Minister of Civil Defence Nathan Guy has praised the efforts of those who were involved in the response to the flooding... More>>

ALSO:

Superu Report: Land Regulation Drives Auckland House Prices

Land use regulation is responsible for up to 56 per cent of the cost of an average house in Auckland according to a new research report quantifying the impact of land use regulations, Finance Minister Steven Joyce says. More>>

ALSO:

Fund For PPP Plans: Govt Embraces Targeted Rates To Spur Urban Infrastructure

The government's latest response to the Auckland housing shortage will see central government and private sector firms invest in 'special purpose vehicles' to fund essential roading, water and drains that Auckland Council can't fund without threatening its credit rating. More>>

ALSO: