Fishing Industry Levies Reduced to Boost Exports and Job Growth: Shane Jones

"The levy has been increasing over recent years, and it’s clear that fishers are struggling in the current economic climate and need some support," said Minister Jones.

In an effort to bolster the fishing industry’s contribution to New Zealand’s economy, Oceans and Fisheries Minister Shane Jones has announced a reduction in the levies paid by the sector. These levies, which are used to cover the costs of fishing boat observers, scientific research, and administrative services, have been cut to provide relief to an industry facing economic challenges.

"The levy has been increasing over recent years, and it’s clear that fishers are struggling in the current economic climate and need some support," said Minister Jones. "While it’s important to cover service costs through annual levies, they must be fair, justified, and practical. This year, we’ve carefully reviewed the levies line-by-line to identify savings that don’t compromise the services provided or the sustainability of the industry."

The 2024/25 levy has been reduced from $41.2 million to $36.3 million, including cuts in payments to Fisheries New Zealand and the Department of Conservation. Additionally, $3.2 million in accrued overcharges will be returned to the industry.

"The fishing industry plays a vital role in New Zealand’s economy, contributing over $2 billion in exports and providing employment for around 9,000 people across the country. It’s crucial that we support this sector to help it grow and deliver more significant benefits to New Zealand," Jones emphasized.

The Minister also highlighted the importance of reducing unnecessary costs and removing bureaucratic obstacles. He assured that ongoing discussions with the industry will focus on finding more ways to save, including greater involvement from industry stakeholders in the cost recovery planning process and increased transparency regarding what the levies are funding.