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


Irrigation funding to help economy, environment

Hon Nathan Guy
Minister for Primary Industries

15 May 2014

Irrigation funding to help economy, environment

The Budget’s $40 million of new funding for irrigation projects will deliver economic and environmental benefits for New Zealand, Primary Industries Minister Nathan Guy says.

“This will help unlock the potential that water storage and irrigation can deliver, giving a real boost to jobs and exports in regional economies,” he says.

“This new capital funding of $40 million comes from the Future Investment Fund and will be used to purchase shares in Crown Irrigation, enabling it to make further investments. It is in addition to $80 million allocated in last year’s Budget.

“If current proposals are advanced there could be a further 420,000 hectares of irrigated land available for a variety of uses over time. Research from NZIER suggests that exports could be boosted by around $4 billion a year by 2026.

“Irrigation often has real environmental benefits, with more consistent river flows in summer and reduced pressure on ground water sources.

“Only 2 per cent of rainfall in New Zealand is captured and used for irrigation. Clearly we need to do a better job of using this precious resource.

“After the extreme drought most of the country suffered last year, and the one earlier this year in Northland and Waikato, the need for better water storage is obvious,” Mr Guy says.

Crown Irrigation makes targeted bridging investments in irrigation schemes that would not be established with private finance alone. All decisions are made by an independent board.

Last month, Crown Irrigation announced its first investment, with $6.5 million going towards the Central Plains Water Scheme in Canterbury.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



Labour: Parata Puts Brakes On Charter School Appraisal

“When the Ministry of Education recommended they compare the achievements of children at charter schools to those of their counterparts at state schools, the documents show Hekia Parata specifically prohibited them from doing so." More>>


Bad Day For Universities: Gun, Bomb Threats On Three Campuses

Dunedin Police are continuing their investigation into the threat made against the University of Otago. Staff are following a number of lines of inquiry, and police are working to verify the authenticity and source of the post. More>>


Gordon Campbell: On The TPP Deal Reached In Atlanta

Yes, the TPP has helped to knock a few points off the tariffs facing our exporters. Yet some of those alleged dollar gains may well have been made regardless over time – and without the negative baggage of the concessions in the non-trade areas (intellectual property, copyright extensions, investor-state dispute mechanisms etc) that the TPP deal also brings in its wake. More>> (Cartoon by Dave Wolland)

Public Summaries:


Wellington.Scoop: Serco – First The Prisons, And Now It Wants To Run The Trains

As the government continues its inquiry into Serco’s discredited administration of Mt Eden prison in Auckland, here in Wellington there’s further scrutiny of the British outsourcing company – because it’s competing to take over the running of our commuter trains. More>>


Pre-Signing: Gordon Campbell On The TPP Countdown

To date, the Key government has been unwilling to share any information about this TPP deal until it is too late for outraged public opinion to affect the outcome... the disclosure process is likely to consist of a similarly skewed and careful exercise in spin. More>>


Australia Deportations: English Relaxed On Immigration Centre Conditions

Labour's Annette King: “There have been numerous reports from inside these detention centres on just how bad conditions are... If they were being held in any other foreign jail, I imagine Mr English would be somewhat concerned. More>>


Schools: Achievement-Based Funding Would Be A Disaster

The Education Minister’s speech to the PPTA Conference raising the spectre of achievement data driving a new funding system would be disastrous, says NZEI Te Riu Roa. More>>

  • Video Out-Link - PPTA Annual Conference 2015 on Livestream (Q+A dicussion suggests funding would be directed to less successful schools.)

  • ALSO:

    ECE Report:

    Get More From Scoop



    Search Scoop  
    Powered by Vodafone
    NZ independent news