Better outlook for fishermen

By ADRIAN MILLER

CLARENCE Valley fishermen can expect a brighter future if forecasts by the Australian Bureau of Agriculture and Resource Economics (ABARE) hold true.

However, there is no immediate respite, with the predicted benefits not due to filter through until around 2010.

Delegates at the ABARE Outlook 2006 Conference in Canberra have been told that the value of fisheries production in Australia is likely to increase by 2010 because of the depreciation of the Australian dollar and relief in fuel prices.

ABARE Natural Resource Management acting branch manager Peter Gooday said fishermen would benefit mostly through the export markets.

"The exchange rate is going to depreciate from where it is by 2010-2011 which will help the prices people are able to get (for their catches)," he said.

Mr Gooday said new label- ling changes due to be introduced later this year would also have a positive impact.

"They are coming in June this year so basically that means things will need to be clearly labelled with their country of origin," he said.

"That'll be important for people to clearly articulate what the benefits of their product are so people can recognise the difference between an imported product and a premium Australian product," he said.



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