Ecologically sustainable development (ESD) has been accepted as the foundation for the management of natural resources in Australia since 1992, when the National Strategy for ESD was released. ESD was specifically identified as an objective of fisheries management in the 1991 Commonwealth Fisheries...

Since about the year 2000 there have been very low catches in the Weipa Region of the Northern Prawn Fishery (NPF); these low catches were different to other areas of the NPF where they continued to fluctuate around long-term means and continued to fall within predicted levels. Industry and managers...

Achieving fishery MEY may result in a reduction in net economic returns in a broader sense if the loss to consumers exceeds the gain to the industry. Such a loss may occur if supplies to the local market are reduced and prices paid by consumers increase. This results in a transfer of benefits from...

The use of transferable fishing rights has increased internationally over recent decades with most industrialised countries now using some form of individual transferable catch quota (ITQ) or individual transferable effort (ITE) system for at least some of their fisheries. Australia also has...