No Benefit for Maori from Aquaculture Settlement

Under the settlement, Maori get 20% of all new marine farming space created after 2005, and the equivalent of 20% of aquaculture space created between 1992 - 2004, reports Radio New Zealand.

The committee's report on the estimates of the Ministry of Fisheries says the Government now thinks the cost of the settlement is likely to be between $50 - $120 million dollars.

Committee chair, National MP David Carter, says the Government has so mishandled the aquaculture sector, and Maori are getting no benefit.

He says aquaculture internationally provides more than 40% of the world's fish supply, but in New Zealand it accounts for only 20%.

TheFishSite News Desk

Sign up for our
regular news updates

Latest Industry News

•   Tracking the Celtic Cod: Interesting Data Patterns
•   Malta to Set up Aquaculture Institute in Ondo
•   'Organic' Fish Label Approved by Advisory Panel
•   Fish Farmers to Take a Bite From EU Fund
•   Sowing the Seed of Prawns in Andhra Pradesh
•   Discovery of Thorny Catfish in Brazil
•   Irish Approach to Cod Recovery Plan Approved by EC
•   IMR Hear Abundant Krill in Southern Ocean
•   Investigating Health Benefits of Seafood in China
•   Salmon Saviour Honoured by Federation