May 22, 2020
Rescue Fish will benefit recreational fishing interests through more abundant fish stocks and a healthier marine environment. Rebuilding depleted fish stocks will make more fish available inshore, and help to support other marine creatures including birds and mammals. A healthy fish population means a broader range of fish inhabiting the marine environment, providing for ecosystem […]
May 22, 2020
The recreational fishing industry contributes a significant amount of money to the New Zealand economy, which in turn supports fisheries management and other government services. Research by the New Zealand Marine Research Foundation in 2016 found that $946 million was spent annually on recreational fishing. This spending generated $1.7 billion dollars in economic activity nationwide […]
May 22, 2020
The Quota Management System was introduced to address fish depletion and overcapacity in the commercial sector, that is, too many people chasing too few fish. Some fish stocks were estimated to have been depleted to less than 10% of their natural stock size. The QMS was promoted as a means to rebuild depleted fish stocks, […]
May 22, 2020
The Quota Management System was introduced to New Zealand in 1986, although a form of quota had applied to some offshore fish stocks from 1983.
May 22, 2020
Research by Dr Glenn Simmons of Auckland suggests that between 1950 and 2010 commercial fishers dumped more than 14 million tonnes of unreported catch. Working Paper. In 2014 the Ministry’s Director of Fisheries Management admitted discarding [dumping] was a systemic failure and something the Ministry had not been able to get on top of from […]
May 22, 2020
Fishing is a way of life for many Kiwis. It contributes to the mental well-being of individuals, families and communities. It provides for social occasions that enhance the bonds between individuals, their families and community. Recreational fishing also provides educational opportunities as a teaching space for safety on the water, weather awareness, food gathering, cooking, […]
May 22, 2020
According to the Ministry for Primary Industry (MPI) Annual Report 2017/18, in the 2017/18 year the Government budgeted to spend $54 million on fisheries management and advice. It also budgeted spending $40 million on enforcement and monitoring. The government budgeted receiving $31 million in cost recoveries from commercial interests in the 2017/18 year. If half […]
May 22, 2020
LegaSea is a subsidiary of the New Zealand Sport Fishing Council. Together we have invested almost a million dollars in developing a viable alternative to the Quota Management System – the Rescue Fish policy.
May 22, 2020
The buy-back cost for inshore fish stocks is estimated to be between $0.76 and $3.1 billion, with a mid-point of $1.67 billion. The New Zealand Institute of Economic Research tested a range of scenarios and the buy-back cost varies depending if shares in just the inshore fish stocks are redeemed or all of the inshore […]
May 22, 2020
Under Rescue Fish the Government will pay fair market value to buy back all existing quota rights, including those held by Māori. Maori will be free to use the funds received from the buy back and invest it in fishing or other enterprises. Māori Treaty interests will be served in part by having co-governance of […]