Public want banks pulled into line

Written By: - Date published: 1:00 pm, May 5th, 2009 - 29 comments
Categories: workers' rights - Tags:

banks220Last week I posted on Finsec’s petition to make job protection a condition of the Government’s bank guarantees. Today Finsec are delivering that petition to Parliament, along with more than 10,000 signatures in support. Great stuff to all of you who signed the sheet and sent it in.

The union’s position is pretty simple. At a time when banks are making combined profits in excess of $2.5 billion and CEOs recieve salary packages of more than $2 million each, there’s no excuse for banks to continue to cut jobs and offshore work while receiving taxpayer assistance.

And New Zealanders agree. A UMR poll released today shows 79% of Kiwis want job protection to become a condition of bank guarantees. No surprise really when you consider that already this year close to 1000 jobs have been offshored.

So now the ball’s in the Government’s court. Will they step in and Kiwi protect jobs, or will they keep propping up foreign banks while allowing them to outsource our jobs to low wage countries?

29 comments on “Public want banks pulled into line ”

  1. Pat 1

    The bank guarantees were set up in necessary haste by Cullen. They guarantee depositors for 2 years, and it saved the collective arses of every finance institution in the country. In all the contingent liability is enough to sink NZ to the bottom of the ocean.

    Unfortunately because of the haste and lack of bi-partisan approach in the middle of an election campaign, there were no riders attached. I’m not sure what can be done to add extra conditions to the guarantees retrospectively, but I am all for calls for English to bring some pressure to bear on the Banks to play their vital part in the recession. So far the Banks sole focus is on preserving their credit ratings, nothing else.

    Finsec focus is soley on jobs, and fair enough. But what about all the other things the Banks should be doing right now:

    1. Interest rates. OCR dropped 0.50% last week, but not a single Bank has dropped their floating rates. This is profiteering at its worst. It’s been happening since the first OCR drop last year. http://www.oregon.co.nz/ocr-cut-to-250/

    2. Flow of credit. Despite their faux protests to the contrary, the Banks have basically shut up shop. Businesses and farmers are feeling it the worst. We can’t get out of a recession when the Banks risk appetite is so negative. Without a flow of credit, eventually all that happens is that the Banks worst predictions for the economy become a self-fulfilling prophecy

    3. Break fees. So much variance between the Banks, and the formulas are so complex it reeks of a Baffle-Them-With-Bullshit policy. This needs a simple and transparent system adopted industry wide.

    So by all means, let’s have a go at the Banks and demand more for saving their butts. Jobs is just one part of it, IMO.

    • Kevin Welsh 1.1

      New Zealanders are being gouged big time by the banks at the moment. For example, in Australia, their OCR if .5% higher than New Zealand but their floating mortgage rates are .5% to .75% cheaper than New Zealand.

      In Alan Bollards statement last Thursday the exasperation was pretty hard to miss. I do not know what he can do to force the banks hands, and I doubt very much whether NACT would do anything about it, even if they have the means at their disposal.

      I guess the Kiwi Experiment continues…

  2. had enough 2

    Why do you think overseas companies should not be able to out-source jobs seeing they come from overseas anyway?

    • Tane 2.1

      The fact they’re operating in our country and being propped up by our taxpayer guarantees might have something to do with it.

    • Eddie 2.2

      They’re Australian-owned but they’re not overseas companies like, say, Microsoft is. They have been in this country for a very long time and used to be domestically-owned.

  3. Con 3

    Ironic that in Australia, the ANZ is planning to outsource jobs to a low-wage country: New Zealand.

    http://www.abc.net.au/news/stories/2009/03/24/2524936.htm

  4. Trevor Mallard 4

    They are only profitable because of the guarantees – which will have to be renewed next year. a signal now of a policy change would be helpful.

    • lukas 4.1

      shouldn’t you be paying more attention to question time? How many withdraws did you have to make today?

  5. Yeswecan 5

    The public do not give a toss about Finsec jobs, the public want the banks to lower credit card rates, lower mortgage rates and lower bank charges.

    If some staff have to lose their jobs then tough luck, nobody cares about union hacks or the moaning of Finsec.

    • Tane 5.1

      What is it that you fail to understand about the sentence “A UMR poll released today shows 79% of Kiwis want job protection to become a condition of bank guarantees”?

      Sounds like you’re the one who’s out of touch with public opinion.

      • Yeswecan 5.1.1

        And I should trust a poll commissioned by Finsec should I?

        People lose jobs in a recession, hell we should be used to it by now, after all it was that fiscal fool Cullen who led us into recession before any other nation in the world.

        A fair poll would show that people want lower mortgage rates and lower credit card rates, most would not give a second thought to job security for Finsec members, I could not care how many lost their jobs just as long as I save money.

        • Tane 5.1.1.1

          The poll is commissioned by Finsec but run by UMR, a professional and reputable polling company with a long list of commercial clients.

          You might not care how many people have lost their jobs, but clearly the public do. And that’s what this post was about. Anything else?

          • Yeswecan 5.1.1.1.1

            “with a long list of commercial clients.”

            Appointed by the last Labour government.

            UMR are hardly fair and balanced, like every polling company they will ask the questions that elicit the answers those paying for the poll want.

            Did they ask “would you rather jobs were saved of lower mortgage rates”?, somehow I doubt it.

            Lets face it Tane, unions and the union movement are powerless to stop any of this, one would hope that the fools who pay their own hard earned money to union thugs will now see that they get nothing in return for that money and that they would be far better to negotiate on their own behalf instead of paying some union parasite to do it for them.

          • Tane 5.1.1.1.2

            It’s well known that Labour’s a client. There are plenty more.
            http://www.umr.co.nz/Clients_NZ.php

            In the economic structure we have you’re right that Finsec can’t stop these job cuts industrially. But they can do so politically, and they have the public’s support. So what’s your problem?

  6. Yeswecan 6

    My problem Tane is that as per usual the unions have not told the truth, I can organise and pay for a poll tomorrow that will give you the complete opposite of the results you claim prove that the public care about bank workers.

    The public care about paying the mortgage, they care about feeding their kids, they care about being over taxed (thanks to Cullen and Clarke) and they care about keeping their own jobs.

    Fincec organised this poll to bolster their own flagging fortunes, they organised it to try and scare more mugs into paying union dues.

    • Tane 6.1

      So your argument boils down to “I don’t like unions, the public don’t care, aren’t UMR a pack of dicks”?

      • Yeswecan 6.1.1

        Stumped for a decent reply are you Tane?

        My argument “boils” down to the lies Unions continue to tell and the sheer dishonestly of this poll.

        The left have to take the blame for the hardening attitude of so many “middle” Kiwi’s, when you have been financially raped by Labour for the last nine years they start to think about number one rather than their neighbours.

        • Tane 6.1.1.1

          Um, your argument boils down to an ad hominem attack that says UMR is dishonest. I don’t buy that. The question was clear, UMR’s methodology is sound. The rest is just that giant chip on your shoulder.

          • Yeswecan 6.1.1.1.1

            More lies Tane, I did not say that UMR are dishonest, I said that they were more than likely to tailor their questions to elicit the response those commissioning the poll wanted.

            Perhaps you see the weakness in your argument, if it came down to a choice between keeping jobs or lower mortgage rates I think the lower mortgage rates would win hands down.

            [lprent: Bad idea to abuse moderators on their own site. You of all people should know that (unless you wish to invoke the self-martyrdom clause of the policy). Skip the first 3 words next time.]

          • Tane 6.1.1.1.2

            Semantics. You’re calling UMR dishonest.

            As for your other argument, you haven’t demonstrated that this is the choice at stake.

            The banks are making healthy profits at our expense. What makes you think sending jobs overseas will lead to lower mortgage rates? It hasn’t so far.

    • jerry 6.2

      Actually the most recent poll I’ve seen says the majority of the public are not that fussed about tax cuts if it means they come at the cost of current public services.

      I also don’t see why you find it strange that the public would want a bit of quid pro quo on the back of the government providing them with some security.

  7. Yeswecan 7

    And these finsec workers (or ex finsec workers) can get a job here

    http://www.radionz.co.nz/news/stories/2009/05/05/1245af6bb6df

  8. Yeswecan 8

    Duh…Banks are supposed to make a profit Tane, it’s how they manage to pay their employees.

    Keeping jobs in NZ is not going to get bring rates down either, send 99% of them off shore if it brings the rates down.

    • jerry 8.1

      Using that logic we should be able to get better rates from those banks that have a minimal presence in the local market eg HSBC, Bank Direct etc etc ….. do you know if this is the case ?

  9. Anthony Karinski 9

    Nationalise the banks. The government is more than capable of running them. In fact from the general public’s perspective they would probably be better at it than the private banks.

    Instead of having a debt fueled economy where financial entities generate credit out of nothing (propped up by the government through the central bank anyways) and use it to skim money off the real economy, we would be better off with the government taking on that responsibility. At least they could put the money back where it belongs. We would then stop some of the upwards transfer of wealth and assets from the working to those generating credit – who in many ways are nothing more than parasites sucking the real economy dry.

    So asset prices would probably drop as credit is reigned in compared to the folly of the schemes developed by bankers around the world in the last decade. But at least most people would own their own homes.

    • jerry 9.1

      Where’s the money going to come from to Nationalise the banks …. or are you suggesting we just tell the Australian owners that they belong to us and to fuck off ?

  10. SBlount 10

    Karinski,

    It is bank credit that makes it possible to lift ourselves out of the circumstances we are born to. It is a common adage in business that if you need capital to start or grow a business, bank money is the best money. If you go for private capital it is usually at the expense of shares and control, bank money comes at the cost of interest but you keep all the shares and control. How does the average working family build/buy a house without credit? How do you open a shop without credit?

    There are some bad precedents for government owned banks, wherein credit is extended to inappropriate people for political purposes.

  11. Anthony Karinski 11

    I’m not suggesting we don’t need banks. We do. Neither that government run banks will be perfect. But they’re likely to work better for the majority of people i.e those working for a living instead of those deriving their income from assets or capital (which is often accumulated by stripping those working of their real assets after the burst of a debt bubble). The latter are in effect making their living by accruing a percentage of the earnings from those working and producing real wealth. Not only are they feeding off the real economy, they’re also creating the credit they extend and make their living out of from pretty much nothing. Free money.

    Government could go about this by setting up their own parallel banking system and pulling the guarantees they now provide for privately owned banks. I think I know where most people and businesses would take their custom.

Links to post

Recent Comments

Recent Posts

  • EV road user charges bill passes
    Transport Minister Simeon Brown has welcomed the passing of legislation to move light electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) into the road user charges system from 1 April.  “It was always intended that EVs and PHEVs would be exempt from road user charges until they reached two ...
    BeehiveBy beehive.govt.nz
    5 hours ago
  • Bill targets illegal, unregulated fishing in international waters
    New Zealand is strengthening its ability to combat illegal fishing outside its domestic waters and beef up regulation for its own commercial fishers in international waters through a Bill which had its first reading in Parliament today. The Fisheries (International Fishing and Other Matters) Amendment Bill 2023 sets out stronger ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Reserve Bank appointments
    Economists Carl Hansen and Professor Prasanna Gai have been appointed to the Reserve Bank Monetary Policy Committee, Finance Minister Nicola Willis announced today. The Monetary Policy Committee (MPC) is the independent decision-making body that sets the Official Cash Rate which determines interest rates.  Carl Hansen, the executive director of Capital ...
    BeehiveBy beehive.govt.nz
    7 hours ago
  • Stronger protections for apartment owners
    Apartment owners and buyers will soon have greater protections as further changes to the law on unit titles come into effect, Housing Minister Chris Bishop says. “The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act had already introduced some changes in December 2022 and May 2023, and ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Travel focused on traditional partners and Middle East
    Foreign Minister Winston Peters will travel to Egypt and Europe from this weekend.    “This travel will focus on a range of New Zealand’s traditional diplomatic and security partnerships while enabling broad engagement on the urgent situation in Gaza,” Mr Peters says.   Mr Peters will attend the NATO Foreign ...
    BeehiveBy beehive.govt.nz
    10 hours ago
  • Keep safe on our roads this Easter
    Transport Minister Simeon Brown is encouraging all road users to stay safe, plan their journeys ahead of time, and be patient with other drivers while travelling around this Easter long weekend. “Road safety is a responsibility we all share, and with increased traffic on our roads expected this Easter we ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • Cost of living support for over 1.4 million Kiwis
    About 1.4 million New Zealanders will receive cost of living relief through increased government assistance from April 1 909,000 pensioners get a boost to Superannuation, including 5000 veterans 371,000 working-age beneficiaries will get higher payments 45,000 students will see an increase in their allowance Over a quarter of New Zealanders ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Tenancy reviews for social housing restart
    Ensuring social housing is being provided to those with the greatest needs is front of mind as the Government restarts social housing tenancy reviews, Associate Housing Minister Tama Potaka says. “Our relentless focus on building a strong economy is to ensure we can deliver better public services such as social ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Kermadec Ocean Sanctuary plan halted
    The Kermadec Ocean Sanctuary will not go ahead, with Cabinet deciding to stop work on the proposed reserve and remove the Bill that would have established it from Parliament’s order paper. “The Kermadec Ocean Sanctuary Bill would have created a 620,000 sq km economic no-go zone,” Oceans and Fisheries Minister ...
    BeehiveBy beehive.govt.nz
    13 hours ago
  • Cutting all that dam red tape
    Dam safety regulations are being amended so that smaller dams won’t be subject to excessive compliance costs, Minister for Building and Construction Chris Penk says. “The coalition Government is focused on reducing costs and removing unnecessary red tape so we can get the economy back on track.  “Dam safety regulations ...
    BeehiveBy beehive.govt.nz
    14 hours ago
  • Drought support extended to parts of North Island
    The coalition Government is expanding the medium-scale adverse event classification to parts of the North Island as dry weather conditions persist, Agriculture Minister Todd McClay announced today. “I have made the decision to expand the medium-scale adverse event classification already in place for parts of the South Island to also cover the ...
    BeehiveBy beehive.govt.nz
    15 hours ago
  • Passage of major tax bill welcomed
    The passing of legislation giving effect to coalition Government tax commitments has been welcomed by Finance Minister Nicola Willis.  “The Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill will help place New Zealand on a more secure economic footing, improve outcomes for New Zealanders, and make our tax system ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Lifting economy through science, tertiary sectors
    Science, Innovation and Technology Minister Judith Collins and Tertiary Education and Skills Minister Penny Simmonds today announced plans to transform our science and university sectors to boost the economy. Two advisory groups, chaired by Professor Sir Peter Gluckman, will advise the Government on how these sectors can play a greater ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government announces Budget priorities
    The Budget will deliver urgently-needed tax relief to hard-working New Zealanders while putting the government’s finances back on a sustainable track, Finance Minister Nicola Willis says.  The Finance Minister made the comments at the release of the Budget Policy Statement setting out the Government’s Budget objectives. “The coalition Government intends ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Government to consider accommodation solution
    The coalition Government will look at options to address a zoning issue that limits how much financial support Queenstown residents can get for accommodation. Cabinet has agreed on a response to the Petitions Committee, which had recommended the geographic information MSD uses to determine how much accommodation supplement can be ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government approves extension to Royal Commission of Inquiry into Abuse in Care
    Cabinet has agreed to a short extension to the final reporting timeframe for the Royal Commission into Abuse in Care from 28 March 2024 to 26 June 2024, Internal Affairs Minister Brooke van Velden says.                                         “The Royal Commission wrote to me on 16 February 2024, requesting that I consider an ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • $18m boost for Kiwis travelling to health treatment
    The coalition Government is delivering an $18 million boost to New Zealanders needing to travel for specialist health treatment, Health Minister Dr Shane Reti says.   “These changes are long overdue – the National Travel Assistance (NTA) scheme saw its last increase to mileage and accommodation rates way back in 2009.  ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • PM’s Prizes for Space to showcase sector’s talent
    The Government is recognising the innovative and rising talent in New Zealand’s growing space sector, with the Prime Minister and Space Minister Judith Collins announcing the new Prime Minister’s Prizes for Space today. “New Zealand has a growing reputation as a high-value partner for space missions and research. I am ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Concerns conveyed to China over cyber activity
    Foreign Minister Winston Peters has confirmed New Zealand’s concerns about cyber activity have been conveyed directly to the Chinese Government.     “The Prime Minister and Minister Collins have expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government, targeting democratic institutions in both New ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Independent Reviewers appointed for School Property Inquiry
    Independent Reviewers appointed for School Property Inquiry Education Minister Erica Stanford today announced the appointment of three independent reviewers to lead the Ministerial Inquiry into the Ministry of Education’s School Property Function.  The Inquiry will be led by former Minister of Foreign Affairs Murray McCully. “There is a clear need ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Brynderwyns open for Easter
    State Highway 1 across the Brynderwyns will be open for Easter weekend, with work currently underway to ensure the resilience of this critical route being paused for Easter Weekend to allow holiday makers to travel north, Transport Minister Simeon Brown says. “Today I visited the Brynderwyn Hills construction site, where ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the Infrastructure Funding & Financing Conference
    Introduction Good morning to you all, and thanks for having me bright and early today. I am absolutely delighted to be the Minister for Infrastructure alongside the Minister of Housing and Resource Management Reform. I know the Prime Minister sees the three roles as closely connected and he wants me ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Parliamentary network breached by the PRC
    New Zealand stands with the United Kingdom in its condemnation of People’s Republic of China (PRC) state-backed malicious cyber activity impacting its Electoral Commission and targeting Members of the UK Parliament. “The use of cyber-enabled espionage operations to interfere with democratic institutions and processes anywhere is unacceptable,” Minister Responsible for ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ to provide support for Solomon Islands election
    Foreign Minister Winston Peters and Defence Minister Judith Collins today announced New Zealand will provide logistics support for the upcoming Solomon Islands election. “We’re sending a team of New Zealand Defence Force personnel and two NH90 helicopters to provide logistics support for the election on 17 April, at the request ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • NZ-EU FTA gains Royal Assent for 1 May entry to force
    The European Union Free Trade Agreement Legislation Amendment Bill received Royal Assent today, completing the process for New Zealand’s ratification of its free trade agreement with the European Union.    “I am pleased to announce that today, in a small ceremony at the Beehive, New Zealand notified the European Union ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • COVID-19 inquiry attracts 11,000 submissions
    Public consultation on the terms of reference for the Royal Commission into COVID-19 Lessons has concluded, Internal Affairs Minister Hon Brooke van Velden says.  “I have been advised that there were over 11,000 submissions made through the Royal Commission’s online consultation portal.” Expanding the scope of the Royal Commission of ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Families to receive up to $75 a week help with ECE fees
    Hardworking families are set to benefit from a new credit to help them meet their early childcare education (ECE) costs, Finance Minister Nicola Willis says. From 1 July, parents and caregivers of young children will be supported to manage the rising cost of living with a partial reimbursement of their ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Unlocking a sustainable, low-emissions future
    A specialised Independent Technical Advisory Group (ITAG) tasked with preparing and publishing independent non-binding advice on the design of a "green" (sustainable finance) taxonomy rulebook is being established, Climate Change Minister Simon Watts says.  “Comprising experts and market participants, the ITAG's primary goal is to deliver comprehensive recommendations to the ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Chief of Army thanked for his service
    Defence Minister Judith Collins has thanked the Chief of Army, Major General John Boswell, DSD, for his service as he leaves the Army after 40 years. “I would like to thank Major General Boswell for his contribution to the Army and the wider New Zealand Defence Force, undertaking many different ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Minister to meet Australian counterparts and Manufacturing Industry Leaders
    25 March 2024 Minister to meet Australian counterparts and Manufacturing Industry Leaders Small Business, Manufacturing, Commerce and Consumer Affairs Minister Andrew Bayly will travel to Australia for a series of bi-lateral meetings and manufacturing visits. During the visit, Minister Bayly will meet with his Australian counterparts, Senator Tim Ayres, Ed ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Government commits nearly $3 million for period products in schools
    Government commits almost $3 million for period products in schools The Coalition Government has committed $2.9 million to ensure intermediate and secondary schools continue providing period products to those who need them, Minister of Education Erica Stanford announced today. “This is an issue of dignity and ensuring young women don’t ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Speech – Making it easier to build.
    Good morning, it’s great to be here.   First, I would like to acknowledge the New Zealand Institute of Building Surveyors and thank you for the opportunity to be here this morning.  I would like to use this opportunity to outline the Government’s ambitious plan and what we hope to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Pacific youth to shine from boost to Polyfest
    Minister for Pacific Peoples Dr Shane Reti has announced the Government’s commitment to the Auckland Secondary Schools Māori and Pacific Islands Cultural Festival, more commonly known as Polyfest. “The Ministry for Pacific Peoples is a longtime supporter of Polyfest and, as it celebrates 49 years in 2024, I’m proud to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • 2024 Ngarimu VC and 28th (Māori) Battalion Memorial Scholarships announced
    ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to Breast Cancer Foundation – Insights Conference
    Before moving onto the substance of today’s address, I want to recognise the very significant and ongoing contribution the Breast Cancer Foundation makes to support the lives of New Zealand women and their families living with breast cancer. I very much enjoy working with you. I also want to recognise ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Kiwi research soars to International Space Station
    New Zealand has notched up a first with the launch of University of Canterbury research to the International Space Station, Science, Innovation and Technology and Space Minister Judith Collins says. The hardware, developed by Dr Sarah Kessans, is designed to operate autonomously in orbit, allowing scientists on Earth to study ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to the New Zealand Planning Institute
    Introduction Thank you for inviting me to speak with you today and I’m sorry I can’t be there in person. Yesterday I started in Wellington for Breakfast TV, spoke to a property conference in Auckland, and finished the day speaking to local government in Christchurch, so it would have been ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Support for Northland emergency response centre
    The Coalition Government is contributing more than $1 million to support the establishment of an emergency multi-agency coordination centre in Northland. Emergency Management and Recovery Minister Mark Mitchell announced the contribution today during a visit of the Whangārei site where the facility will be constructed.  “Northland has faced a number ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Celebrating 20 years of Whakaata Māori
    New Zealanders have enjoyed a broader range of voices telling the story of Aotearoa thanks to the creation of Whakaata Māori 20 years ago, says Māori Development Minister Tama Potaka. The minister spoke at a celebration marking the national indigenous media organisation’s 20th anniversary at their studio in Auckland on ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • Some commercial fishery catch limits increased
    Commercial catch limits for some fisheries have been increased following a review showing stocks are healthy and abundant, Ocean and Fisheries Minister Shane Jones says. The changes, along with some other catch limit changes and management settings, begin coming into effect from 1 April 2024. "Regular biannual reviews of fish ...
    BeehiveBy beehive.govt.nz
    7 days ago

Page generated in The Standard by Wordpress at 2024-03-28T09:55:30+00:00