Most Australian fisheries policies require that fisheries management take account of the cumulative effect of all human users of marine resources, including professional, recreational and Indigenous Australian fishers. The triple bottom line (TBL) approach is the general framework used to assess performance against economic, social, and environmental dimensions. TBL requires articulation of these broad values, but these may be qualitatively assessed. Significant progress has been made in incorporating some of these elements into fisheries management decision, particularly prioritising different objectives of fishery management [e.g. 1, 2]. In some cases, development of semi-quantitative approaches have been used to assist in decision-making across these multiple dimensions [e.g. 3], including in some cases indigenous value [e.g. 4]. Recent research has also extended this focus to develop a robust articulation of Indigenous Australian customary fishing values to enable their inclusion when developing fisheries management policies [5].

Optimal decisions require the trade-off between costs and benefits to be considered. TBL approaches do not explicitly consider this trade-off, resulting in challenges in identifying optimal outcomes. Where these costs and benefits are expressed as explicit monetary values, assessing the trade-off requires deducting the expected costs from the expected benefits (commonly referred to as cost-benefit analysis (CBA)).

However, in fisheries, many costs and benefits do not have an explicit monetary value. Hence, decisions about the use and management of marine resources increasingly requires objective information on the non-market value of benefits (and costs). Some attention has been focused on the estimation of non-market values of recreational fishing [e.g. 6, 7], although only limited attempts to-date have been made to use these values in supporting management decision making [e.g. 8]. Many other values have not been quantified, and their use in fisheries management has not been fully explored.

The IRG has raised a need to synthesise the key messages from previous projects that they have supported. In order to ensure that the data and information from these projects are accessible and easily understood for various audiences (includes Indigenous, commercial and recreational stakeholders, researchers, policy makers and the general public), the IRG has identified a need to create succinct materials that can be useful to those that seek to develop policy and stimulate community driven engagement.

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.