Given the problems with open access resources and the effectiveness of modern fishing technology, there are few fisheries, if any, which will not be both biologically over-exploited and unprofitable unless they are managed effectively. For a fishery to be economically efficient requires setting...
ORGANISATION:
Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Individual transferable catch quotas (ITQs) were allocated to fishermen in the Australian southern bluefin tuna fishery in 1984. The profitability of the industry increased substantially as a result. This is despite the total Australian catch being halved between 1984 and 1987 due to a decline in...
ORGANISATION:
Department of Agriculture, Fisheries and Forestry (DAFF) ABARES
Bycatch, the catch of non-target species, is a significant issue in many of the world's fisheries. Sea turtles are of particular concern given their endangered status and the considerable numbers caught, and occasionally killed, worldwide in commercial fishery operations. Trawl fisheries, in...
ORGANISATION:
Department of Agriculture, Fisheries and Forestry (DAFF) ABARES