Snagged: Report paints grim outlook for commercial fishing industry

Wednesday February 10, 2021

The economic contribution of Queensland’s commercial fishing industry is declining and those in the industry are frustrated by the management of the sector, saying it is making it more difficult to run their business.

A two-year study into the state of the industry found that it contributed more than $431 million to the state’s economy and was responsible for nearly 4000 jobs during the 2018-19 year.

However, this represented a decline on the previous year, when it brought in more than $453 million of economic value and generated nearly 4300 jobs.

The…

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