![]() ![]() ![]() “As New Zealand’s largest tio (oyster) producer, we recognise innovation will sustain us into the future," she says. We engage local suppliers, as we did here in Nelson, and we continue to showcase our premium kaimoana to the world. We work collaboratively and contribute to our local communities, not only through employment opportunities but also by improving the way our kaimahi work. "At Moana New Zealand, manaakitanga and kaitiakitanga are two of our key values and we take them really seriously. As a proudly indigenous commercial business with long-term views, our people are engaged throughout our oyster business. “Iwi are our shareholders and remain at the heart of everything we do. Taulelei says Kirikiritātangi is an example of Māori leading the industry, The loss of a contract grower also affected the quantity of tio Moana NZ produced in the year to March. Moana NZ's interim report for 2022, released in June, shows the tio industry has been impacted by Covid-19 and labour shortages in Aotearoa and the war in Ukraine. The first commercial run from the new hatchery is due later this month and, when it is running at full capacity, Kirikiritātangi will provide high-quality oyster spat to Moana’s farming sites throughout the North Island. Our selective breeding programme began more than 20 years ago and, along with improved husbandry practices, it has enabled us to produce consistently high-quality oysters year-round.” This is still standard practice in the industry but outcomes are difficult to control and very seasonal. "The Pacific oyster industry started in the 1970s with farming methods based on catching wild spat on sticks. “One of the critical success factors behind our growth plan is the reliability of spat supply, and the hatchery is key to this. Taulelei says the hatchery will help provide end-to-end control of the oyster growing process, increasing consistency and reliability of supply for the country's largest oyster producer. The name was gifted to Moana NZ by iwi of Te Tau Ihu (Upper South Island) and references the shingle beds and the noise they make carrying the sounds, water and abundance of kaimoana at Te Taero a Kereopa (the boulder bank) to where shellfish beds were located at Wakapūaka before land was reclaimed for farming. “This hatchery, Kirikiritātangi (singing shingle), is phase one, and it will help us achieve sales of 1.65 million dozen oysters per year by 2027,” she says. The $5 million venture is part of Moana New Zealand’s $21 million, five-year investment plan to build its capacity, says Moana New Zealand chair Rachel Taulelei (Ngāti Raukawa ki te Tonga, Ngāti Rārua). Legislation to give effect to the Government's decision will be introduced as soon as practicable.Moana NZ has opened a ground-breaking oyster hatchery in Nelson that will increase production capacity and ensure a reliable supply of oyster spat. This announcement follows a period of extensive consultation between the Australian Taxation Office and the oyster farming industry. The stick method of valuing trading stock will allow these oyster growers to comply with the trading stock rules without incurring excessive compliance costs.įor those oyster farmers participating in the Simplified Tax System, the stick method of valuation will largely eliminate the need to value trading stock on an ongoing basis. To avoid imposing a transitional cost in complying with this valuation method, oyster farmers using the traditional stick method will be able to apply an opening trading stock value, in the transitional 2001-02 year, based on the per stick method. The Commissioner of Taxation has previously advised industry that $1.00 per stick would be an acceptable initial value. Oyster farmers using the traditional stick farming method are able to value their trading stock at year-end using a designated value per stick. These measures will apply to farmers that use the traditional stick farming method to capture oyster spat, grown for human consumption. ![]() The Assistant Treasurer Senator Rod Kemp, today announced transitional measures to assist oyster farmers in complying with the trading stock rules. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |