1. It is proposed that PIRSA and FRDC develop a partnership for the development of the aquaculture industry in South Australia with particular regard to finfish farming. This partnership will develop research and development critical to the ongoing regulation and development of this industry.

2. The partnership will develop the following outputs:·To establish a strategic policy and legislative framework based on the principles of ecologically sustainable development to build, manage and protect South Australia’s aquaculture resources.·To develop a decision support system for aquaculture integrating information from a variety of sources with objective qualitative and quantitative decision criteria and risk considerations to improve the clarity, transparency and certainty of tactical and strategic decision-making by regulators.·To improve aquaculture allocation decisions and management responses by developing risk-based spatial impact and carrying capacity models to increase understanding of the broad scale impacts associated with aquaculture.·To develop and adopt incentive instruments that are outcome focused and effectively integrate economic, social and environmental considerations to deliver better regulatory outcomes, reduced costs and greater innovation.·To develop appropriate decision criteria based on a widely accessible information management system, assessing population dynamics of sea lion colonies in proximity to aquaculture developments and developing better practice models for managing interactions between marine animals and aquaculture to ensure regulators and industry have the capacity to effectively manage interactions between marine animals and aquaculture.·To develop appropriate sustainability indicators, undertake an audit the sustainability of the industry and publish a State of the Aquaculture Industry Report to provide a transparent snapshot of the sustainability of South Australia’s aquaculture industry.·To develop techniques, knowledge and policies to ensure the effective management of parasites of yellowtail kingfish and interactions between farmed and wild populations to ensure the long-term sustainability of the yellowtail kingfish aquaculture sector.

3. Notwithstanding these known outputs it is intended that the needs of managers and the industry will be refined in real time. The purpose of this structure is to ensure that investment in other areas of research and development occurs in a structured manner that meets these needs.