New fisheries could mean more investment opportunities
Wednesday, December 11, 2013, 23:20 (GMT + 9)
Fish species not currently commercially fished in South Australian waters could soon end up on menus around the world thanks to new State Government fishing regulations.
From 1 December, amendments to fisheries regulations will enable permits for exploratory and developmental fishing activities to be issued for the first time, opening the door to the development of new fisheries based on untapped species and new markets.
Fisheries Minister Gail Gago said the arrangements would allow greater flexibility to support new fishing ventures.
"South Australia's clean marine waters are home to highly sought-after seafood, and our fisheries are renowned as some of the best-managed in the world," she said.
"Under the current regulations there is limited opportunity to authorise fishing activities that are not part of an existing fishery - these new permits ... FULL STORY