Tarakihi quota cut

In an effort to rebuild the depleted stock, tarakihi quotas off the coast of the North and South Islands are being reduced by 20 per cent. Fisheries Minister Stuart Nash has signalled further cuts are in store next year, unless the industry comes up with a robust plan to rebuild the fishery within 10 years. This comes as part of the review of Total Allowable Catch and other management controls for 32 stocks. Other changes include increases in stocks that are doing well, such as southern bluefin tuna, orange roughy and scampi, and a decrease for stocks that need help to rebuild, such as longfin eels and Northern flatfish.