Aquaculture – the farming of aquatic organisms such as fish, molluscs, crustaceans, and aquatic plants – is a global industry that has experienced extraordinary growth in Australia in recent years.
Estimated to be worth at least $1.5 billion, the aquaculture sector in Australia has a reputation for producing high quality, high value and sustainable seafood and other aquatic products for domestic and international markets.
This report aims to examine the vast opportunities for aquaculture in Australia, the barriers faced by industry in expanding their operations, and possible improvements to regulation and policy to support a strong Australian aquaculture sector into the future.
- Chapter 1 provides an overview of the conduct of the inquiry and an outline of the status of the aquaculture in Australia and the Commonwealth, State and Territory regulatory and policy frameworks which underpin the sector.
- Chapter 2 outlines opportunities for innovation and expansion in aquaculture, examining new and emerging models of production, species, markets, and technological innovations.
- Chapter 3 addresses the key barriers to growth of the aquaculture industry in Australia, including the risks faced by biosecurity, issues of social license, workforce, and access to investment and research funding.
- Chapter 4 examines the standards for the naming and labelling of farmed seafood in Australia and the impact of these standards on consumers’ understanding of the provenance of the products they are purchasing and consuming.
- Chapter 5 considers key issues raised about the regulatory and policy frameworks for aquaculture in Australia and proposes solutions to better support the long-term growth of the sector.