Hon Mike Nahan BEc MS PhD MLA

Hon Mike Nahan BEc MS PhD MLA

Former Treasurer; Minister for Energy; Citizenship and Multicultural Interests

Hon Joe Francis MLA

Hon Joe Francis MLA

Former Minister for Emergency Services; Fisheries; Corrective Services; Veterans

    Our State Budget 2016-17: Securing our economic future - Hatchery funding to spawn aquaculture growth

    5/05/2016 12:30 PM
     
    • $2.3 million State Budget commitment to Albany shellfish hatchery
    • Further $1.3 million to expand investor-ready aquaculture zones 

    The Liberal National Government has reaffirmed its support for Western Australia's emerging aquaculture industry in the 2016-17 State Budget with a $2.3 million investment in a new multi-species shellfish hatchery in Albany.

     

    Fisheries Minister Joe Francis said the large-scale industry-run mussel, oyster and pearl production hatchery would be set up at the Albany Aquaculture Park, Frenchman's Bay (adjacent to Whaleworld).

     

    "It's expected the hatchery will be fully self-funded within 10 years, once the industry has reached sufficient scale," he said.

     

    "By establishing a shellfish hatchery in Albany, the Government is putting in place the foundation for the expansion of shellfish aquaculture throughout the State.

     

    "Industry feedback tells us there is a lack of access to spat (mollusc seed or juveniles), which is a major impediment to industry growth and sustainability.  The Albany hatchery will become an important supply source while opening up opportunities for the culture of other species.

     

    "Our wild catch fisheries - including prawns, scale fish, abalone and rock lobster - have an outstanding reputation, however there are natural limits to supply.  Developing our capacity for fish farming will be important to meet growing global demand for seafood."

     

    Mr Francis said the State Budget also included $1.3 million to expand investor-ready aquaculture zones across the State, which built on a 2011 commitment to establish environmentally approved zones in the Kimberley and Mid-West.

     

    "The total $3.6 million investment is part of the Government's long-term plan to develop a sustainable aquaculture industry, creating local jobs and opportunities," he said.

     

    Fact File

    • Aquaculture is the world's fastest-growing food production sector
    • WA's commercial fisheries and aquaculture are worth about $490 million per year 

    Fisheries Minister's office - 6552 6500