Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Fisheries Commission Annual Report Tabled

Thursday 28 March

Treaty Of Waitangi Fisheries Commission Annual Report Tabled In Parliament


The Minister of Maori Affairs and Associate Minister of Fisheries, Hon. Parekura Horomia, today tabled the ninth annual report of the Treaty of Waitangi Fisheries Commission (Te Ohu Kai Moana) in Parliament.

“It is pleasing to note that Te Ohu Kai Moana achieved a $37.1 million after-tax profit, a threefold improvement for the previous year, especially in a year where global trading conditions experienced a slowdown during the latter half,” Mr Horomia said.

Mr Horomia said total fees paid to Commissioners were down for the period under review. “This result shows again that Te Ohu Kai Moana has been a responsible and effective kaitiaki of the Maori Commercial Fisheries Settlement, which is estimated to now be worth around $800 million.”

Te Ohu Kai Moana currently holds around 33 percent of New Zealand’s aggregate Total Allowable Commercial Catch, making it a major player in New Zealand’s expanding seafood industry.

Mr Horomia said Te Ohu Kai Moana had been through a very busy and intensive financial year.

“At the beginning of the financial year, Commissioners had brought about a new alliance with Japanese fishing giant Nippon Suisan Kaisha Limited, in the Maori-owned Sealord Group. This represented one of the biggest transactions in New Zealand at the time.

“Among other areas of work, Commissioners had spent a large amount of time formulating new proposals for the allocation of the fisheries settlement, participated in dispute resolution to resolve outstanding litigation and worked to put Maori into the business of fishing,” Mr Horomia said.

He said a notable achievement was the implementation of the Commission’s Global Fisheries Programme scholarship worth $250,000 and awarded to two Maori each year. The scholarship allows Maori to gain international experience and skills in the fishing industry.

In tabling the annual report, Mr Horomia commended He Ture Pumau, a post-graduate law scholarship instituted by Te Ohu Kai Moana in conjunction with Nelson-based law firm, Fletcher Vautier Moore.

“I look forward to Commissioners’ building on their work in the fishing industry, completing work on allocation and putting to Government a new allocation proposal that has the widespread support of Iwi,” Mr Horomia said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news