The commercial fishing sector has a long history in Australia. It strives to strike a balance between long-term environmental sustainability and economic viability.
The commercial fishing industry is made up of about 15,000 licence holders. A small number of operators take a large portion of the harvest (by value and volume). These are diverse enterprises that may hold multiple licences. They may work in a range of fisheries and, in some instances, are integrated along the supply chain.
The remainder of the commercial fishing sector is made up of a large number of small owner-operator businesses. They are vital to sustaining small coastal communities and are passionate about what they do — supplying Australia with seafood.
The sector produces excellent quality seafood that is highly regarded internationally. Advances and adoption of best-practices have resulted in high-quality live, fresh and frozen Australian seafood reaching markets around the world such as Hong Kong, Japan, USA and China.
In 2015-16, the commercial sector of the fishing industry produced 174 247 tonnes, worth $1.7 billion. This accounted for 58 per cent of the gross value of Australian fisheries and aquaculture production.
In recent times the commercial fishing sector has focused on obtaining third-party certification of fishing practices and management to display its sustainability credentials and this will continue.
The sector will have to consider sustainability issues arising from external environmental factors such as pollution, climate variability, disease, biosecurity and habitat destruction, including through coastal development.
Australia's marine waters are increasingly a multi-user environment, reducing access to areas for all types of fishing and aquaculture production. There are competing claims for these waters, not only between fishing and aquaculture, but from other users such as the oil and gas industry, and from those wanting more areas protected.
Economic viability of the sector requires long-term meaningful access to resources, efficient harvesting methods, elimination of unnecessarily complex legislation, better use of underutilised species and opportunities to increase yield.
Streamlining governance and regulation is an on-going priority for those involved in commercial fishing. Within this is the desire to continue investigating co-management approaches, to give greater responsibility and stewardship to commercial fishers.
For the latest information on fisheries statistics refer to Australian Fisheries Statistics.
The FRDC is accountable under the Primary Industries and Energy Research and Development Act (PIERD Act 1989) to representative bodies nominated by the responsible Minister.
The FRDC has four representative organisations with which it consults.
On 12 September 2011, the Parliamentary Secretary Dr Mike Kelly approved and gazetted the National Seafood Industry Alliance as the fourth representative organisation for the FRDC.
Information on Seafood Industry Australia visit their website.