Articles tagged with Deemed Value
Public Consultation Open on NZ Fishery Catch Limits and Sustainability Measures 2026
3 weeks ago | 233 viewsOceans and Fisheries Minister Shane Jones announced a public consultation on proposed changes to catch limits and sustainability measures for 22 fish stocks, emphasizing the use of scientific data and stakeholder input to ensure sustainable fishing practices. Significant catch reductions are proposed for tarakihi fisheries due to declining stock influenced by warming waters, while catch increases are suggested for snapper and trevally in certain areas where populations are thriving. The review also includes adjustments to deemed value rates for 11 fish stocks, with decisions to be finalized before the 2026 fishing year, and submissions open until July 24, 2026.
Tags: Shane Jones tarakihi snapper trevally fisheries sustainability catch limits New Zealand deemed value rates MPIPublic Consultation Opens on NZ Fishery Catch Limits and Sustainability Measures 2026
3 weeks ago | 211 viewsOceans and Fisheries Minister Shane Jones is seeking public feedback on proposed catch limit and sustainability changes for 22 fish stocks, including significant reductions for New Zealand’s tarakihi fisheries due to declining stock levels affected by warming waters. While tarakihi stocks continue to decline despite previous catch reductions, catch limits for snapper and trevally are proposed to increase in certain areas reflecting their growing abundance. The review also considers adjustments to deemed value rates for 11 fish stocks, with submissions open until July 24, 2026, and final decisions expected before the 2026 fishing year begins.
Tags: Shane Jones tarakihi snapper trevally fisheries sustainability catch limits New Zealand deemed value rates MPIFisheries Reform: New Deemed Value Rules to Reflect Actual Fish Market Value
6 months ago | 995 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 Minister