SOUTHERN SQUID JIG FISHERY

Major species:
Arrow Squid

Estimated catch 2010-11:
650 tonnes

Gross value of production 2010-11:
$1.7 million

DEVELOPMENTS IN 2011–12

Activity in the fishery remained low due to low market prices and competition from cheaper imported squid product. However the 2011-12 season saw an increase in catch and improved returns to squid fishers.

The final report from the Fisheries Research and Development Corporation project ‘Improving the efficiency of Southern Squid Jig Fisheries’ (McKenna et al 2011) was released in 2011. This report will be an input to discussions between AFMA and industry on potential measures to improve profitability in the fishery.

REPORT AGAINST THE MANAGEMENT PLAN

The fishery continued to be managed under the arrangements in the Southern Squid Jig Fishery Management Plan 2005 during 2011–12. Based on the harvest strategy and the provisions of the management plan the total allowable effort limit for the 2012 season was continued at 560 standard squid jigging machines.