%T Preserving our marine wealth: an economic evaluation of the proposed Commonwealth Marine Reserves Network %A Caroline Hoisington %A Laura Eadie %I Centre for Policy Development %D 2012 %K Ecosystems, %K Economics, %K Sustainability, %K Water, %K Monitoring and evaluation %U https://apo.org.au/node/30115 %X This report looks at the proven benefits of marine parks for fish stocks (and therefore for the fishing industry), and estimates the value of ecosystem services provided by areas to be covered by the new marine parks. It also puts the modest and short-term economic impacts of the new marine reserves on the fishing industry in context, noting the need to avoid the flaws in the Great Barrier Reef compensation package, and looking at the advantages of designing compensation to support the long-term profitability of commercial fishers in Australia. %9 Report