Seafood industry boss Peter Talley has poured cold water on ocean-based aquaculture, saying it doesn't have a future in New Zealand.
The head of Motueka-based Talley’s Group addressed the New Zealand Marine Sciences Society conference at the Rutherford Hotel in Nelson yesterday.
In answer to a question from the floor on why he hadn’t mentioned aquaculture once, he replied that Talley's was the second-biggest marine farmer in New Zealand “and I think aquaculture has been grossly oversold.”