Fisheries and aquaculture industry sector worth $1.5 billion to Tasmania according to new report
The economic value of the fisheries and aquaculture industry sector to Tasmania is almost one third of the national total, according to a new report.
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THE economic value of the fisheries and aquaculture industry sector is worth $1.5 billion to Tasmania, according to a report that will be released today.
The figure is greater than any other jurisdiction and almost one third of the national total.
The report presents estimates of the economic contribution of Australia’s fisheries and aquaculture industries for 2017-18. It estimated the sector as being worth $5.3 billion to the Australian economy, and supported a total of 41,253 full time jobs.
Tasmanian Senator and Assistant Fisheries Minister Jonathon Duniam said Tasmania led the nation in employment in the sector with 11,647 direct and indirect jobs.
“That means that over one in four seafood industry jobs are located right here in Tassie, supporting families right across the state and in our regional and rural areas,’’ he said.
Senator Duniam said it was the first time a full and comprehensive report has been undertaken into the direct and indirect value of the seafood industry across Australia.
“This is ground-breaking research that confirms the industry’s importance to Tasmanian people, families, and communities right across the state, and the Morrison Government will continue to grow the sector to create even more jobs for Tasmanians,’’ he said.
The report forms part of the National Fisheries and Aquaculture Industry Contributions Study funded by the Fisheries Research and Development Corporation.
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FRDC managing director Dr Patrick Hone said quality economic data was necessary to ensure the fishing and aquaculture sector can contribute to a Morrison Government plan for Agriculture, Fisheries and Forestry to be a $100 billion industry by 2030.
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