News
25 June, 2025
Commercial fishing back in business
The State Government will revoke long-standing investment warnings on Queensland’s commercial fishing industry — a move set to restore confidence, improve financial access and support industry growth.
For over a decade, Government-issued Investment and Increased Effort Warning Notifications discouraged growth, stifled development and, in some cases, limited access to finance.
This created uncertainty and blocked innovation at a time when the industry needed to modernise.
Minister for Primary Industries Tony Perrett said the decision was crucial to the future of a sector that contributes $354 million annually to the State’s economy and supports around 2,835 jobs.
“Queensland’s commercial fishers deserve the confidence to grow and invest — and this delivers that,” he said.
“This change reduces red tape, restores trust, and aligns with our Primary Industries Prosper 2050 Blueprint.
It supports our goal to grow the value of primary industries to $30 billion by 2030.”
Queensland Seafood Industry Association CEO David Bobberman said the decision would be welcomed across the sector.
“It’s a strong show of support from the Government and a vital step towards rebuilding industry confidence."
