The lack of participation in any real market economy by people in Indigenous communities has ramifications for the social and cultural security of indigenous people. Aquaculture can, in specific settings, provide a genuine business or subsistence opportunity. In order to that Indigenous Aquaculture workshop achieves its objectives by contributing to developing local, regional and national capacity and empowerment, it requires to offer travel and conference registration bursary to 10 key people driving mainstream, commercial indigenous aquaculture business ventures.

The NSW RAC intention is to utilize each sectors R&D Strategic Plans to form a component of the NSW RAC Plan. The NSW Commercial Fishing R&D Strategic Plan is outdated and no longer relevant.

Strategic planning is central to the ensuring funding of research, develop and extension is prioritized and meets industry needs. A five year plan will guide investment in R,D & E, and each year the Fisheries Research Advisory Committee needs to scan its business environment and review its RD&E activities to ensure its portfolio is balanced, well directed and meets the needs of the NSW commercial fishing industry.

To ensure that the FRDC's RD&E investment is undertaken with reference to the priorities of the NSW commercial fishing industry a strategic plan must be developed through extensive consultation with key stakeholders and the PFA.

The PFA has identified that a industry workshop should be held to understand the research and development needs for the NSW commercial fishing industry and information gaps. The PFA proposes that a R&D Strategic Plan is needed for the NSW commercial fishing industry to ensure relevant and strategic priorities are set for the industry.