Fishing industry accepts need for cut to tarakihi quota

The fishing industry says a cut in the amount of tarakihi and hoki that commercial fishermen can take is not needed. On Friday the Fisheries Minister Stuart Nash announced a 10 percent cut in quota for tarakihi - on top of a 20 percent cut introduced last year. Jeremy Helsen, the chief executive of Fisheries Inshore New Zealand, says the move will hurt fishermen.