With three major sectors commercial, recreational and traditional fishing by indigenous Australians it is clearly one of our more complex rural industries. For example, there are over 600 species caught by all sectors in all States. However, dDespite the apparent competition for resources, all sectors of the industry are continuing to grow and develop. The first, and probably most important factor, is the need to maintain sustainable production practices. As we approach the limits of our wild fisheries resources, there will also be an increasing demand for aquaculture products.
Aquaculture continues to be one of Australia s fastest-growing primary industries.
That represents 29 per cent of the landed value of the commercial sector's total production. It is initiatives such as this that will ensure a sustainable, productive and viable fishing industry for all sectors. Effective communication is also important in ensuring industry growth. The transferral of information and research benefits all stakeholders. On a different note, I would like to take the opportunity today to congratulate the FRDC on the redevelopment of its web site.