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. I m sure those of you who have had the opportunity to use the site will agree it is exceptionally easy to navigate, and clarifies the Corporation's various roles and activities. And I understand that, before too long, potential applicants will be able to complete the entire application process on-line. The ability to access, and order from, the FRDC s extensive publication catalogue, and the opportunity for users to receive regular news updates are also significant aspects of the improved web site.