Investment and increased effort warnings revoked

The Queensland Government has issued investment and increased effort warnings to industry about possible changes in commercial fisheries for many decades.

Commercial fisheries management and policy has evolved over the last decade:

• Queensland Sustainable Fisheries Strategy: 2017–2027 reforms are largely complete
• 93% of Queensland fish stocks are considered sustainable
• harvest strategies are in place for all fisheries, except the Gulf of Carpentaria and Rocky Reef.

As a result, investment warnings are now considered redundant and have been revoked to:

• promote further growth of the commercial fishing industry
• restore industry confidence
• improve financial investment opportunities
• reduce red tape.