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Southern Rock Lobster Planning and Management for a National Research Development & Extension (RD&E) Program

Project number: 2021-096
Project Status:
Current
Budget expenditure: $556,600.00
Principal Investigator: Tom T. Cosentino
Organisation: Southern Rocklobster Ltd (SRL)
Project start/end date: 31 Jan 2022 - 30 Dec 2025
Contact:
FRDC
SPECIES
Southern Rock Lobster

Need

The operating environment for Southern rock lobster fishing and exporting businesses has changed significantly since January 2020. Prior to this the value of the catch (beach price) has remained consistently high (average around $80/kg with highs up to $120/kg). Investment has had an exceptional ROI in this industry due to the scale of the fishery. This has enabled the fishery to engage in a progressive research agenda which focused on consolidation of knowledge and expansion of existing programs (biotoxins, lobster health, supply chain development).

However, the global pandemic and trade disruptions to the live export market in China have seen a precipitous decline in beach price (as low as $25/kg) making some operations unviable. Ongoing trade disruption has brought about a need for industry to urgently adapt to new markets and market offerings. Changing consumer preferences are demanding that out sector make further advancements in carbon and waste reduction as well as the circular economy. Performing in a changing climate will also be a focus of the fishery going forward.

The Southern Rock Lobster industry has a complex array of business structures. Many of the quota units or catch shares are owned by small family businesses while an increasing amount is owned by larger companies. Catch is taken by around 600 vessels and packed and processed by a number of different companies. The large and complex array of firms across three States means there is a need for leadership in prioritising and coordinating the investment in and managing industry RD&E.

SRL remains an active supporter and stakeholder in SafeFish and the Seafood Trade Advisory Group (STAG) to primarily address issues regarding food safety and international market access. The continuance of these relationships are paramount to the SRL industry's success to service new and existing markets as well as build on domestic opportunities.

This project will build on the existing capacity to deal with Southern Rock Lobster RD&E needs in a strategic and efficient way. The industry will benefit from continued collaboration on R&D initiatives with other Australian Rock Lobster representative bodies.

Objectives

1. Coordinate Southern Rock Lobster RD&E planning and management so that RD&E is strategically prioritised and delivered cost-effectively.
2. Deliver a corporate structure, resources and processes for SRL that ensures:a) Leadership focusing on continuous industry development through the delivery of the SRL Strategic Planb) a strategic focus on maximising profitability across the value chain within the limits of sustainability of the resource,c) high level governance at the operational, planning and strategic level
andd) effective engagement of all stakeholders in planning and building SRL’s value proposition to ensure further development within the fishery and relevance of SRL’s functions.
3. Communicate consistent information and the extension of R&D outputs to support and promote the adoption of new technology, science and other project outcomes through effective extension.
4. Respond to emerging issues coming from changing markets and consumer preferences including carbon reduction, the circular economy, animal welfare and climate.

Trans Tasman Rock Lobster Industry Congress - Locking in the Future: 2023-2031

Project number: 2022-109
Project Status:
Current
Budget expenditure: $150,000.00
Principal Investigator: Tom T. Cosentino
Organisation: Southern Rocklobster Ltd (SRL)
Project start/end date: 7 Feb 2023 - 30 Dec 2033
Contact:
FRDC
TAGS
Rac Wa
Rac Tas
Rac Sa
Rac Qld
Rac Nsw

Need

Australian and New Zealand Rock Lobster is a high value product that has strong recognition in their local and export markets. There is significant capital investment across the combined jurisdictions of the Trans-Tasman lobster fisheries. As with most other wild caught fisheries and seafood sectors Trans-Tasman lobster fisheries face similar challenges in regards to, sustainability, threats to / competition for the resource and resource access, product quality and food safety, implications from aquaculture production and applying and taking advantage of new and emerging technologies. In addition to these common industry issues, lobster fisheries produce a product that is predominantly for live export which adds further challenges such as barriers to trade and trade agreements, complex supply chains and understanding the ‘what and where’ of new market opportunities.

Well organised and educational forums such as Trans-Tasman Rock Lobster Congresses enable a sharing of information and a collaborative approach to addressing challenges and sharing successes. Since first being held in 1999 the biennial Rock Lobster conferences have become the pre-eminent forum for the respective Trans-Tasman lobster industries to consider and address the many challenges across the supply chain. There is never a shortage of key issues and topics to address and bring together in a common theme to deliver a successful Trans-Tasman Industry Congress that has the support of all the key industry bodies and wider stakeholders.

The history of successful Trans-Tasman Industry Congresses, speaks for itself.
Trans-Tasman Congresses have well established support of all the key industry bodies and wider stakeholder interests with all lobster producing jurisdictions having now hosted an event. This history combined with the experience, existing contacts, establishing themes, producing engaging programmes, having informative exhibitions, attracting quality keynote speakers - both local and international, continuing sponsorship from service providers and the ability to attract the general support of industry ensure there is a pool of support and knowledge to deliver successful congresses

Initial Contributions (2023):
• Total combined initial contributions will be to a maximum of $30,000.00.
• Request a cash contribution from the NZRLIC.
• Request a contribution from the Eastern Rock Lobster Industry.
• Contribution from the SRL IPA.
• Contribution from the WRL IPA.

Proposed Governance Arrangements:
• The Managing Entity (ME) i.e. the industry body responsible for administering the congress in a particular year, will be responsible for holding and managing the ‘kitty’ of funds.
• ‘Surplus’ funds will be used to fund the administration, hosting and attendance of any planning meetings conducted in the ‘interim year’, this process will be managed by the ME responsible for hosting the most recent (past) Trans Tasman Congress.
• PI & Co-Investigators will discuss and confirm the amount required for future initial contributions.

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