We're being told the potential for New Zealand's 'blue economy' to take off will depend on the Resource Management Act.
A new Westpac report says the marine economy could grow to $14 billion in 10 years by switching to more sustainable practices.
Aquaculture New Zealand Chief Executive Gary Hooper told Mike Hosking aquaculture was recognised for the part it could play, but has yet to flourish due to RMA restrictions.
He hopes the fast-track approval processes shortened time frames, certainties, and more nuanced approach could be the circuit breaker to unleash new opportunities.
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The Mike Hosking Breakfast