Minister for Agriculture and Western NSW - Media Release
4 Sep 2020
Last year, the NSW Government commissioned Professor Kate Barclay to undertake an independent assessment of the socio-economic impacts of the NSW commercial fisheries Business Adjustment Program (BAP).
I received and read the report this week and am pleased to release it in full today; Economic Analysis and Social and Economic Monitoring following the NSW Commercial Fisheries Business Adjustment Program (BAP).
The NSW Government welcomes all four recommendations from Professor Barclay and I have already requested that the Commercial Fisheries Advisory Committee consider the report and the Government’s initial response as a matter of priority.
The BAP was introduced to provide greater certainty to, and ensure the long-term viability of, the NSW commercial fishing industry, and Professor Barclay’s report found that despite the complex nature of the reform process, change was essential.
The Report makes it clear that, while it is too soon for the industry to yet realise the full benefits of the BAP, had the Government not intervened, financial loss and greater levels of business uncertainty would have continued across the sector.
The delivery of the Report today was a key Government commitment to ensuring the long-term viability of the NSW seafood industry, which has a bright and profitable future.
The NSW Government recently delivered a $9 million industry support package for the sector, providing direct assistance to fishers and investing in critical industry stimulus programs. The Government will continue to partner with industry to reduce red tape through the Business Efficiency Program, as well as provide greater certainty and transparency in fisheries management decisions.
Like all major reforms, the BAP presented challenges to the sector. More work needs to be done, but by taking steps such as the commissioning of the Report, we can better understand and respond to the social and economic issues affecting the sector.
I thank Professor Barclay and her team for their work on this important project.
The final report and the Government’s response is available here.
Media contact: Connor McGoverne 0408 185 304