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Tuna exports fire up state’s aquaculture industry

Posted by on Sep 21, 2014 in LocalNews | 0 comments

THRIVING tuna exports are behind an 18 per cent boost to the value of the state’s aquaculture industry, a report shows. The industry’s total value grew to $229 million in the 2010-11 financial year, up from from $193 million a year earlier, the State Government’s Economic Impact of Aquaculture in SA report states. The Port Lincoln tuna industry’s continuing recovery would see it grow by 85 per cent to $185 million by 2013-14, the report predicts. This improvement will help the state’s aquaculture sector expand in the same period, with tuna production remaining the backbone of the industry, followed by oysters and finfish. Australian Southern Bluefin Tuna Industry Association president Brian Jeffriess said he was hopeful the industry would grow more quickly than the report predicts. The EconSearch report, prepared for PIRSA Fisheries and Aquaculture, states the tuna recovery...

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