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New Bill Boosts Aquaculture Growth Potential, Eases Regulatory Burden

2 days ago | 87 views

A bill protecting marine farmers from costly consent reviews was passed, aiming to support the aquaculture industry's goal of generating $3 billion in revenue by 2035. The Resource Management Act amendments restrict council reviews of coastal permits until 2030, reducing bureaucratic barriers for industry growth. These changes aim to allow marine farmers to focus on innovation and growth rather than dealing with regulatory red tape and costs.

Tags: Shane Jones aquaculture industry marine farmers Resource Management Act regulatory environment Coalition Government consent reviews marine farm consent conditions coastal permits red tape