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Implementing harvest strategies in Australia: 5 years on

Smith, A D M, Smith, D C, Haddon, M, Knuckey, I A, Sainsbury, K J and Sloan, S R , 'Implementing harvest strategies in Australia: 5 years on' , ICES Journal of Marine Science , doi: https://doi.org/10.1093/icesjms/fst158..

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Abstract

Australian Commonwealth fisheries are managed using a formal harvest strategy policy (HSP) introduced by the federal government in
2007. At the State level, a number of commercial fisheries are also managed under formal harvest strategies, but no overarching policy
currently exists to guide their consistent implementation across jurisdictions. There have been 5 years of experience with implementation
of the Commonwealth policy across the highly diverse array of commercial fisheries found in Australia. The HSP has an explicit target of
maximum economic yield, and an explicit limit set at half the biomass that would support maximum sustainable yield. The policy also
specifies an acceptable level of risk associated with falling below the limit reference point. We discuss the experience gained from implementing
the HSP in Australia, including a number of challenges faced, and attempt to summarize the benefits and costs of implementing
harvest strategies. Our view is that, overall, the benefits clearly outweigh the costs.

Item Type: Article
Authors/Creators:Smith, A D M and Smith, D C and Haddon, M and Knuckey, I A and Sainsbury, K J and Sloan, S R
Keywords: Australian fisheries, harvest strategy policy, implementation challenges.
Journal or Publication Title: ICES Journal of Marine Science
ISSN: 1054-3139
DOI / ID Number: https://doi.org/10.1093/icesjms/fst158.
Additional Information:

Copyright 2013 Oxford

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