Posted on Ministry for the Environment, "Being an island nation, the health of our ocean, our land and our people are inextricably linked." The health of the ocean and beaches is extremely important to New Zealand's economy. Not only does fishing support a large part of their industry, tourism does as well. Right now, it is 'summer' in Australia and New Zealand. Having one of their best beaches closed for a significant period of time is going to affect their economy.
Obviously the affects on the environment and wildlife is going to be tragic and detrimental, as well.
http://www.mfe.govt.nz/issues/oceans/index.html
http://www.bbc.co.uk/news/world-asia-pacific-15251319
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