Originally Posted by
therapy
For a bloke supposedly studying at uni Bondy, your research capabilities are pretty poor. A quick google search and a couple of minutes of my time found this info...
In 1985 the Quota Management System (QMS) was introduced. The
QMS divides the total allowable catch (TAC) into 3,500 units with
access limited to 125 diving licence holders. Each unit currently equates
to 715 kilograms of abalone and the total allowable catch (TAC) for
the fishery has remained relatively stable at around 2,500 tonnes. Other
control measures include mandatory possession of a measuring tool to
gauge abalone sizes; area closures; rigorous reporting requirements and
the creation of management zones in State waters, each with a TAC.
There are 33 licensed abalone processing operators, with 70 per cent of
the catch processed by the State’s 12 largest operators.
In 2007, 65 per cent of the TAC was sold live (1581T); 4.5 per cent
(109T) was frozen; 30 per cent canned (729T); and 0.5 per cent (12T)
dried. Live market sales add an average 92 per cent gain in Australian
dollar value from beach value, representing an attractive strategic
investment opportunity. Value adding is significantly less for frozen and
canned products – 23 per cent and 21 per cent respectively3.
Increasing numbers of Tasmanians now share in the Tasmanian abalone
fishery. Since January 1991, non-diving investors have been able to
purchase abalone quota units directly. Currently, 450 people hold the 3500
quota units, with profits reinvested back into the Tasmanian economy in a
multitude of ways that generate employment and wealth opportunities.
And....
I don't know about victoria, in Tasmania each quota cost you 280,000 and you can only catch 715kgs per year. mind you its live weight.
on the market, processed abalone only cost $280 per kg meat only. deduct all the weights and bibs and bobs. the license holder only can sale to processors for only about 40 kG, LIVE WEIGHT. WHICH I THINK ITS A BAD INVESTMENT.
BUT THATS TASMANIA, considering they hsve more abalone than us.
You are like an Italian tank. 2 forward gears and 5 reverse....lol.....