1. FutureHarvest Novel Management Strategies to Increase Economic Yield and Productivity of Wild Fisheries And Marine Scale Pilchard Fishermen’s Association and Southland Fish Supplies

2. Key industry members SRL ACA WAFIC ACPF Tasmanian seafoods Focus is on invertebrate fisheries CRC does not do stock assessment Critical opportunities to address inefficiences to gain > benefit from resource Recognition of need for managed change Small change → large benefit Focus on economic benefit

3. Theme Outcomes Fisheries management delivering maximum benefit from the resource while maintaining stocks above sustainability indicators Novel management strategies in place which increase economic yield from our fisheries The technical efficiency of our fishing fleet will be improved to respond to rising costs.

4. Strategies 1.Field / pilot trials of novel or alternative management systems 2.Bioeconomic modelling of specific harvest strategies that allow stakeholders to select optimal fisheries management and harvest systems 3.Manage change and promote implementation of results in fisheries management and business structures 4.Improve technical aspects and efficiency of fishing operations 5.Foster better management and a progressive and collaborative culture by educating and training CRC participants plus theme management

5. Status Update Theme business plan developed and approved by the CRC board and FRDC board Three projects underway (WRL, SRL, Abalone) Five concepts approved for development (WRL, SRL, Abalone, + general fish)

6. Approved project Factors limiting resilience and recovery of fished abalone populations (Mundy)

7. Approved concept Bioeconomic evaluation of commercial scale stock enhancement in abalone

8. Approved project Spatial management of southern rock lobster fisheries to improve yield, value and sustainability

9. Approved project Spatial management of southern rock lobster fisheries to improve yield, value and sustainability Opportunity for >200% increase in NPV

10. Approved project Spatial management of southern rock lobster fisheries to improve yield, value and sustainability

11. Approved Concept Decision support tools for economic optimization of invertebrate fisheries Ability to evaluate the economic and biological outcomes of management decision making

12. Approved Concept Optimising business structures and fisheries management systems for key fisheries Social vs economic targets; novel business structures; facilitating change

13. Approved project Improved Profitability of WRL Fishery using a new rock lobster trap

14. Concepts under development Translocation of WRL to replenish stocks in Northern zone of fishery Assessing F local (MEY) in the Victorian Abalone Fishery Increasing yield of Australian abalone fisheries through management of spatial and temporal differences in productivity and profitability Shell-based measures of abalone to provide fishery management guidance Optimising fishing strategies based on market knowledge Optimising the harvest in Australian sea cucumber fisheries RFID technology providing real time management solutions for the WRLF And more….

15. Education and training One post-doc –Pending (UTas) 2 PhDs –None Research Travel Grant –None Industry bursary –None Visiting expert –None Opportunities

16. Thank you