Wednesday, May 18, 2011

Fresh Start for Fresh Water

Water is New Zealand’s most valuable natural resource. It is our greatest competitive advantage when it comes to our primary and tourism industries.

National has announced a Fresh Water Package that includes a National Policy Statement on Fresh Water Management that will require councils to set clear limits on water quality and minimum flows. To support councils and communities in water clean-ups we’ve created a $15 million contestable Clean Up Fund, taking our total clean up commitment to $265 million.

It also includes an Irrigation Acceleration Fund of $35 million over five years to help get irrigation projects underway. Looking forward, we will consider investing up to $400 million of equity in the construction of regional-scale irrigation schemes.

Our Fresh Water Package strikes a balance that will support a growing economy, while better caring for our rivers, lakes and aquifers.

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