Those that want out ....... get a golden parachute.
I doubt that there is simply not enough cash to go round for the number of licenses that is being aimed for. That is why there are three rounds of buybacks, So the government can guage the result at the end of each round and adjust the tender process to in order to get the best value for money. Whether it will happen time will tell.
Some of the letters from the minister suggest that he is well aware of getting value for money.
Some people on here are so negative towards the government trying to do something to help all stakeholders in inshore fishing. It wasnt that long ago when there were over 1500 net fishing endorsements in QLD. Yet the government is always accused of doing nothing.
Why isn't there any quota's for the good old 'bread and butter' fishes?
Fisheries Qld monitors the yearly catch rates, to see what trend they are taking. You can refer to the Inshore Fin Fish Report which is produced each year by QF to look at tonnage, catch rates for both rec and pro sides.
Not sure why these species dont have quota's. Other than to say that they are being managed using other methods such as gear restrictions, closed area, closed seasons etc, etc. Also such quota's can be expensive and difficult to manage effectively. Especially where multi-specie fisheries exist, such as tunnal netting. At present the government looks to be trying to get the numbers right.
Still...what stops the remaining licenses from buying bigger nets and bigger boats so the overall net tonnage of caught fish remains the same.....or increases.
Net size is restricted by fisheries legislation, so by buying out licenses will not mean fishers can use larger nets to catch more fish.
In terms of bigger boats, well most net boats are built for a purpose to the where they are fishing. for instance flat bottom punts for working shallow water. Also, is has to be economical to run a bigger boat. Bigger boat = bigger costs.
The fishing effort will not diminish
I think you may be missing the point. For every license that is brought out it completey wipes out any chance of any extra effort being put into the N1 and N2 fisheries forever. How can this be a bad thing. Whether the fishers who choose to stay in the industry catch more fish or not, with the limtations on fishers such as weather, tides, gear restrictions, down time etc. 1 net license simply cannot put as much effort into an area than 2.