The Quantitative Training Unit for Fisheries (QTUF) operated at The University of Sydney from 1995 to 2001. There were two distinct phases to the project: Phase I (Project 93/117, from 1995 to 1997) and Phase II (Project 98/348, 1998 to 2001). The QTUF project was designed to address the need for...

The Australian wild abalone industry contributes $200 million annually to the national economy and directly employs an estimated 1,650 people across 5 States (NSW, Victoria, Tasmania, South Australia, and Western Australia). Over 99 percent of production is exported, primarily to north East Asia....

Given the problems with open access resources and the effectiveness of modern fishing technology, there are few fisheries, if any, which will not be both biologically over-exploited and unprofitable unless they are managed effectively. For a fishery to be economically efficient requires setting...