Project number: 2014-240
Project Status:
Completed
Budget expenditure: $127,500.00
Principal Investigator: Andy Bodsworth
Organisation: Cobalt MRM Pty Ltd
Project start/end date: 27 Nov 2014 - 14 May 2015
Contact:
FRDC

Need

The project has been commissioned by TSRA to enable development of the Finfish Fishery as envisaged by TSRA and governments following the move to 100% traditional ownership of the fishery. It reflects the need to develop and implement practical and culturally appropriate business development and fisheries management strategies that can ultimately enable the fishery to operate as one of several sustainable, profitable, professional and highly valued Torres Strait Fisheries under traditional ownership.
The need for the project recognises that the capabilities, and aspirations of Traditional Owners are likely to evolve over time as the fishery and supporting capabilities develop.
The fishery has previously generated substantially more revenue than it is currently generating and catches have declined significantly since the buyout and transfer of ownership to Traditional Owners. With a staged approach, based on a strong understanding of impediments to greater TO participation, and a logical pathway to build capabilities, supporting infrastructure and markets the fishery is well placed to contribute substantially to participants, Island communities and the region more broadly.

Objectives

1. Increasing Traditional Owner participation in the Torres Strait Finfish Fishery
2. Increasing Torres Strait Islander and Indigenous employment in fishing and related industries by advancing successful commercial activities in the finfish fishery, including post-harvest matters such as potential markets and marketing strategies.
3. Safeguarding the sustainability of the finfish fishery as traditional ownership and participation in the fishery develops.

Related research

Industry
Communities
Environment