The NSW Government’s Commercial Fisheries Business Adjustment Program introduces linkages between shares and catch or effort. This will give fishers the ability to invest in their businesses with more certainty than ever before. Importantly, share linkages have been tailored to each share class.
Under the Business Adjustment Program, some commercial fishers may want to purchase more shares to secure their level of business activity, while others may choose to sell their shares and exit the industry. There is a range of assistance measures available to help industry through this transition process.