Articles tagged with Commercial
Bay of Plenty Aquaculture Settlement Boosts Growth and Jobs for Te Moana-a-Toi Iwi
3 weeks ago | 240 viewsA major aquaculture settlement between the Crown and Te Moana-a-Toi iwi, involving 5000 hectares of new aquaculture space, aims to drive significant economic growth and workforce development in the Bay of Plenty. The region, known for open ocean mussel farming, has the potential to generate $200 million in annual revenue by 2035, contributing to the Government’s goal of $3 billion in aquaculture revenue nationwide. Oceans and Fisheries Minister Shane Jones highlighted the settlement as a milestone that supports iwi leadership and strengthens local communities through stable jobs and export opportunities.
Tags: Shane Jones Crown Bay of Plenty Māori Commercial Aquaculture Claims Settlement Act Tauranga New Zealand Aquaculture Development Plan mussel farming aquaculture settlement$40.68M Boost for NZ University Research Commercialisation and New IP Rules
1 month ago | 292 viewsThe New Zealand Government is providing a $40.68 million funding boost from July 2026 to support university research commercialisation, alongside new Intellectual Property (IP) rules that give researchers greater control and incentives to bring innovations to market. This initiative, including enhanced Commercialisation Partner Network funding and new Engagement Guidelines, aims to accelerate economic growth by fostering collaboration, building commercialisation skills, and supporting early-stage ideas to develop into start-ups and products. Additional funding is also allocated to the Founder and Start-up Support Programme and the New Zealand Institute of Advanced Technology to expand deep-tech incubation and advanced technology development.
Tags: Penny Simmonds New Zealand MBIE NZIAT Commercialisation Partner Network Intellectual Property Management Policy Science Technology Innovation Government funding HealthTech ActivatorSeasonal Closure Protects Orange Roughy Spawning to Aid Fishery Recovery
2 months ago | 427 viewsA seasonal closure of 4,983 square kilometres in the East and South Chatham Rise fishery will protect spawning orange roughy from early June to mid-July annually to aid stock recovery. This measure, alongside reduced commercial catch limits, responds to assessments showing the fishery is under pressure and aims to ensure the species' sustainability and ongoing economic benefits. The decision followed public consultation, balancing scientific advice and stakeholder feedback, while allowing commercial fishing in other areas and times.
Tags: Shane Jones orange roughy East and South Chatham Rise ESCR fishery deepwater fishery spawning closure commercial catch limit New Zealand fisheries management stock recoveryNew Commercial Game Preserve in Hawke’s Bay Boosts Hunting Opportunities and Economy
2 months ago | 595 viewsA new 286-hectare commercial game preserve, Te Konini, will open in Hawke’s Bay in 2027, increasing hunting opportunities and supporting the local economy. Hunting and Fishing Minister James Meager highlights that such preserves sustain hunting traditions, create rural jobs, and contribute significantly to New Zealand’s economy. The preserves operate on private land with landowners managing pheasant releases and hunting access, enhancing both local business growth and outdoor recreational experiences for Kiwis and visitors.
Tags: James Meager Te Konini New Zealand Hawke’s Bay game preserve pheasants hunting commercial game preserves rural jobs outdoor accessNew Spiny Rock Lobster Ban and Bag Limits to Protect Northland Fishery by 2026
4 months ago | 903 viewsA ban on harvesting spiny rock lobster from the east coast of Northland to Hauraki Gulf, effective April 1, 2026, will create a network of closures to help rebuild the fishery. Recreational daily bag limits for spiny rock lobster and packhorse rock lobster are also reduced to prevent shifting fishing pressure, with strict enforcement and penalties for violations. These measures aim to restore ecological balance, address kina barrens, and ensure the fishery’s long-term sustainability.
Tags: spiny rock lobster Hauraki Gulf Northland Shane Jones fishery closure recreational fishing commercial fishing kina barrens packhorse rock lobster MPISpiny Rock Lobster Catch Limits Updated for Gisborne and Otago from April 2026
4 months ago | 825 viewsCatch limits for spiny rock lobster have been reduced in Gisborne (CRA 3) due to ongoing pressure and cyclone impacts, with a 49-tonne reduction in commercial catch and efforts to spread fishing activity for stock recovery. Conversely, the Otago fishery (CRA 7) shows positive signs, prompting a 21.9-tonne increase in commercial catch limits to support the local economy. The review also confirmed current catch settings for Southern blue whiting remain appropriate, with changes effective from April 1, 2026, following consultation with stakeholders.
Tags: spiny rock lobster Gisborne Otago Shane Jones CRA 3 CRA 7 catch limits sustainability commercial fishers Southern blue whitingNew Taupō Commercial Vehicle Safety Centre Boosts Road Safety on NZ Freight Routes
4 months ago | 916 viewsA new commercial vehicle safety centre has opened in Taupō to enhance road safety by monitoring heavy vehicles on busy freight routes using advanced technology like in-road scales and number plate recognition. This centre is part of a $200 million national network of 12 upgraded and new safety centres aimed at targeting high-risk operators, reducing serious crashes, and ensuring compliance with safety regulations. Once completed, these centres will cover 46% of the heavy vehicle network, allowing NZ Police and NZTA to efficiently address unsafe driving practices and improve overall road safety.
Tags: Chris Bishop NZ Transport Agency NZ Police Taupō Commercial Vehicle Safety Centres SH1 SH5 Bombay CVSC heavy vehicles road safetyNew Zealand Maintains Ban on Retaining North Island Reef Fish Bycatch
4 months ago | 738 viewsThe proposal to allow commercial fishers in northern North Island to retain and sell certain reef fish caught as bycatch will not proceed, according to Oceans and Fisheries Minister Shane Jones. After considering over 22,000 public submissions and sustainability concerns, the historic ban protecting these species since 1993 will remain. The decision is part of a broader consultation on commercial fishing regulations, with further announcements forthcoming.
Tags: Shane Jones Oceans and Fisheries Minister North Island reef fish bycatch commercial fishers fishing regulations sustainability public consultation Quota Management speciesFisheries Reform: New Deemed Value Rules to Reflect Actual Fish Market Value
6 months ago | 1091 viewsOceans and Fisheries Minister Shane Jones announced changes to the deemed value system for fish caught outside commercial quotas, allowing fees to better reflect the actual market value based on how fish are landed, such as fresh versus frozen. The amendment aims to address financial disadvantages faced by fishers using deepwater freezer vessels who currently pay deemed values based on higher fresh fish prices, by enabling alternative rates for inshore stocks caught as bycatch. Additionally, the proposal to allow commercial fishers to land and sell marlin bycatch has been rejected, with the Fisheries Act Amendment Bill set for introduction in early 2026 and public consultation to follow.
Tags: Shane Jones Fisheries Act Amendment Bill commercial fishers deemed value quota management system inshore stocks deepwater freezer vessels marlin bycatch fisheries reforms Oceans and Fisheries MinisterGovernment Eases Mining and Quarry Consents to Boost Infrastructure and Economy
6 months ago | 987 viewsThe New Zealand Government has enacted amendments to five major National Direction instruments under the Resource Management Act to simplify consenting for mines, quarries, and coastal activities, aiming to support infrastructure development and economic growth. These changes streamline the planning system by reducing duplication and conflicting language, enabling more efficient resource development while maintaining environmental safeguards and supporting sectors like renewable energy and aquaculture. The reforms, effective January 2026, represent the first tranche of RMA national direction updates designed to integrate smoothly with the forthcoming new planning system, with further instruments planned for future consideration.
Tags: Chris Bishop Shane Jones Tama Potaka RMA Reform National Policy Statement New Zealand Coastal Policy Statement aquaculture Resource Management Act infrastructure Māori Commercial Aquaculture Claims Settlement ActNorthland Closes East Coast to Rock Lobster Fishing to Boost Stocks from 2026
7 months ago | 1148 viewsNorthland’s east coast spiny rock lobster fishery will be largely closed to both commercial and recreational fishing, with reduced recreational daily limits, to help restore lobster stocks and maintain marine ecosystem balance. These measures, including extended closures from Ohao Point to Cape Rodney and a nationwide limit on packhorse lobster catches, follow a voluntary commercial closure and aim to prevent fishers from shifting pressure to other species. After public consultation with over 600 submissions, the new regulations will take effect from April 1, 2026.
Tags: Shane Jones Northland Oceans and Fisheries Minister spiny rock lobster rock lobster fishery recreational fishing commercial fishing Hauraki Gulf CRA 1 CRA 2New In-Water Cleaning Tech Helps Vessels Meet NZ Biofouling Rules This Summer
7 months ago | 1025 viewsA new in-water cleaning technology developed by Port of Auckland and New Zealand Diving and Salvage Limited, supported by Biosecurity New Zealand, will be used in Auckland this summer to help commercial vessels meet biofouling requirements and protect the marine environment. The system effectively cleans hard-to-reach areas on vessel hulls, reducing the need for offshore cleaning and minimizing disruption to passenger and cargo operations. Following successful trials and provisional approval, Biosecurity New Zealand aims to support vessel operators in complying with biosecurity measures while balancing commercial pressures.
Tags: Andrew Hoggard Biosecurity New Zealand Port of Auckland New Zealand Diving and Salvage Limited NZDS biofouling vessel hull cleaning marine environment commercial vessels cruise shipsReserve Bank Eases Lending Rules to Boost First-Home Buyers from December
8 months ago | 915 viewsThe Reserve Bank is easing Loan-to-Value Ratio (LVR) restrictions, allowing commercial banks to increase lending to home buyers with smaller deposits from 20% to 25%, benefiting mainly first-home buyers. Additionally, lending to property investors with deposits under 30% will rise from 5% to 10%, reflecting increased banking system resilience due to prior debt-to-income restrictions. Finance Minister Nicola Willis welcomes these changes, which take effect on December 1, as they improve opportunities for young families to enter the housing market.
Tags: Nicola Willis Reserve Bank LVR restrictions commercial banks DTI restrictions property investors home loansNew Proposals Seek Feedback to Protect Hoiho from Commercial Fishing Risks
8 months ago | 823 viewsOceans and Fisheries Minister Shane Jones is seeking public feedback on proposals to reduce commercial fishing risks to the northern hoiho (yellow-eyed penguin) population, following an emergency three-month set-net fishing closure around Otago Peninsula. Proposed measures include extending the closure long-term, banning set-netting between Karitāne and Hampden, and implementing a Fishing-Related Mortality Limit with an escalating response framework to minimize bycatch. The consultation, open until 12 December 2025, aims to balance hoiho conservation with the interests of commercial fishers and other stakeholders.
Tags: Shane Jones hoiho Otago Peninsula Karitāne Hampden New Zealand MPI commercial fishing yellow eyed penguins Stewart IslandNew Zealand IP Policy Empowers Researchers for Commercial Success
8 months ago | 894 viewsNew national intellectual property policy in New Zealand aims to give researchers more control over inventions and enhance opportunities for commercial success. The policy allows university researchers to have the first right to commercialize their inventions independently or with university support, with capped equity stakes for universities in spin-out companies. The goal is to incentivize researchers, foster innovation, and streamline IP management to facilitate faster commercialization and economic growth.
Tags: Shane Reti New Zealand intellectual property researchers inventions commercial success innovation university policy commercialisation