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2011/749 Funding options for the Australian wild-catch prawn industry

2011/749 Funding options for the Australian wild-catch prawn industry



By Ewan Colquhoun

 

This project provided input into the National Prawn Market Development Strategy. It has established a process to collect voluntary contributions on a national basis for the prawn industry across all license holders in the wild-catch and aquaculture sectors. The value proposition for prawn license holders is compelling: an average investment of 2.6 c/kg of landed harvest volume will result in an 11 c/kg increase in average net beach/pond prices by the third year. This is an attractive 4.2:1 multiplier on fishers’ contribution investments.