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17 Mar 2025 11:58
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  •   Home > News > Business

    Hope New Zealand's aquaculture sector could soon be a three-billion dollar industry

    Hope New Zealand's aquaculture sector could soon be a three-billion dollar industry


    Northland's new land-based kingfish farm - Haku - is set to play a major role in achieving that.

    Based at Bream Bay's Ruakaka, it's the only facility of its type in the country, and already produces 250 tonnes a year.

    There's belief it could become a bigger sector than salmon in less than a decade.

    NIWA Aquaculture Chief Scientist, Andrew Forsythe says it's been decades in the making.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Mar: Job ads mentioning options to work from home are dropping
     17 Mar: House prices are showing no sign of picking up, just yet
     17 Mar: House prices remain well below what they were a few years ago, particularly in Auckland and Wellington
     16 Mar: New Zealand's beef industry is confident of its necessity in the United States, despite the likelihood of tariffs from the Trump administration
     16 Mar: Global beef production's declining, creating competition for our key export markets
     16 Mar: Parking changes in Auckland's CBD will be extended to Wynyard Quarter from today
     15 Mar: The prospect of making history is motivating the Wellington Phoenix women at the business end of the season
     Top Stories

    RUGBY RUGBY
    Wellington will open their NPC rugby title defence against Canterbury at an as yet unconfirmed venue More...


    BUSINESS BUSINESS
    Job ads mentioning options to work from home are dropping More...



     Today's News

    Auckland:
    A fatal fleeing driver incident in Auckland's Penrose yesterday - could have been even worse 11:47

    Entertainment:
    Cate Blanchett had "no money" when she married Andrew Upton in 1997 11:44

    Law and Order:
    A verdict - in the trial of a Dunedin teen who fatally stabbed another boy at the city's bus hub 11:37

    National:
    What food did the real St Patrick eat? Less corned beef and cabbage, more oats and stinky cheese 11:17

    Entertainment:
    Hailey and Justin Bieber are reportedly considering relocating to Europe in an effort to escape Hollywood and "reconnect" with each other 11:14

    Rugby:
    Wellington will open their NPC rugby title defence against Canterbury at an as yet unconfirmed venue 11:07

    Business:
    Job ads mentioning options to work from home are dropping 10:47

    Entertainment:
    OJ Simpson's estate has rejected Kim Kardashian's $15,000 offer to purchase her late father Robert Kardashian's inscribed Bible, according to its administrator Malcolm LaVergne 10:44

    Business:
    House prices are showing no sign of picking up, just yet 10:27

    Entertainment:
    Cassie Ventura is contesting a new claim from Sean 'Diddy' Combs' the infamous hotel surveillance video showing him assaulting her was edited 10:14


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