The Queensland Competition Authority (QCA) is looking to promote the growth of the state’s aquaculture industry in a bid to remain competitive.
“Queensland has a successful aquaculture industry, especially in prawn and barramundi farming, but it seems to have much greater, untapped potential,” said Malcolm Roberts, chairman, QCA.
Directed by the Queensland government, the QCA will look at options for reforming regulation of the aquaculture industry through a public inquiry.
A range of issues will be considered including environmental and social consideration, economic development opportunities and constraints, marine park considerations, fish health and biosecurity issues and consumer perceptions of aquaculture practices and products, among others.
“There are likely to be opportunities to diversify the local industry as well as expand its traditional strengths. The QCA will consult widely during the review with all stakeholders to ensure that its recommendations strike the right balance,” added Mr Roberts.
Queensland accounts for just 11% of aquaculture production in Australia. Previous research revealed that the state lags Tasmania, South Australia and Western Australia on key measures such as value of production and exports.
The QCA says it will use the inquiry to compare regulatory arrangements in Australia and other countries to find best practice.
One possible reform is the introduction of a single Act to regulate the industry, as applies in South Australia.
The review will begin in November, with an issues paper released in December for public comments.
The final report will be completed in September 2014.
For more information visit www.qca.org.au