A bio-economic workshop for fisheries managers was held to discuss the importance of economic objectives and the role of government and industry in attaining those objectives.
Participants learnt how economic analyses, such as bio-economics, can identify management changes that can improve fishery...
This study has tested and refined the indicators and potential data collection questions that may be implemented by individual aquaculture enterprises, and subjected to basic interpretation by the industry, to inform ESD reporting. Some of the economic and social data also has the potential for use,...
The objectives and outcomes of this project were three-fold. Firstly, we established the abundance and turnover of select, commercially important coral species in areas of concentrated fishing across northern Australia. Improved understanding of the biology and ecology of harvested corals is...
ORGANISATION:
Department of Primary Industries and Regional Development (DPIRD) WA
Australian fisheries are managed by governments to ensure that commercial fishing is undertaken in a sustainable and economically efficient manner. Fisheries management decisions influence the level of catch from a fishery, either directly through setting the total allowable catches that the...
ORGANISATION:
Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Achieving fishery MEY may result in a reduction in net economic returns in a broader sense if the loss to consumers exceeds the gain to the industry. Such a loss may occur if supplies to the local market are reduced and prices paid by consumers increase. This results in a transfer of benefits from...
There is currently an estimated economic gap (lost profit) in the CRC participant fisheries of approximately 40% or $200 million per annum.. If the economic gap could be halved from 40% to 20% the profitability of CRC fisheries would be improved by approximately $100 million. This project aimed to...