Fisheries report finds fish stocks stable

November 24, 2022 10:24 AM AEDT | By AAPNEWS
Image source: AAPNEWS

A government report has found the majority of Australian fish stocks assessed are neither overfished nor subject to overfishing, while two domestic stocks have been identified as needing to recover.

The fishery status report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) found most stocks assessed were neither overfished nor subject to overfishing.

ABARES executive director Dr Jared Greenville said the report found that of the 101 stocks assessed, 69 were classified as not overfished, and 81 were classified as not subject to overfishing.

He said the independent assessment showed that Commonwealth fisheries continue to be well-managed.

"The reports reflect a generally stable trend of stock status, with only six stocks changing status from last year," Dr Greenville said.

"While the news overall is positive, with four of the six changed stocks improving in status, two domestic stocks have declined in status."

The report declared john dory and eastern zone jackass morwong as overfished in the Southern and Eastern Scalefish and Shark Fishery, and needing extra protection to rebuild. 

"The Australian Fisheries Management Authority has reduced total allowable catches for these stocks for the 2022-23 fishing season and has developed and agreed a network of spatial closures to prevent fishing in areas of high abundance for at-risk species," Dr Greenville said.

The closures will start in May next year.

Dr Greenville also noted that there are a number of stocks that have been classified as overfished for some time.

It was better news for the surf redfish in the Torres Strait fishery, which changed from uncertain if subject to overfishing in 2020, to not subject to overfishing because there was no catch in 2021. 

The fishery status report also examines the economic performance of fisheries managed by the Australian government worth an estimated $374 million in 2020 to 2021.  


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.