Tony’s Tractors

Tractors, Farm Machinery and Agribusiness

abare.gov.au

Filed under: News — Australian Government Media Releases [Agriculture, Fisheries and Forestry Portfolio] at 10:00 am on Friday, February 19, 2010

Profitability has improved in three key Commonwealth fisheries since the conclusion of the Securing Our Fishing Future structural adjustment package in November 2006, according to ABARE’s latest report on the effects of the fishery entitlement buyback. The report estimates the effects on profitability of the $149 million fishery concession buyback component of the Securing Our Fishing Future structural adjustment package. The report notes the importance of good fishery management in the creation and preservation of fishery profits.

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