Economic inpact of recreational fishing in Victoria

[Cleaver 65]

Hello all,Was just perusing a copy of Geoff Wilsons "Snapper Success" and it made mention of a study comminsioned by the Victorian Government in 1997 compiled by the National Institute of Economic and Industry Research.Interested, i decided to do somefurther reading, here is a summary for those interested.THE ECONOMIC VALUE OF RECREATIONAL FISHINGFisheries Economic Impact Studies - Economic Impact of Recreational Fishing in Victoria July 1997 - Fisheries Victoria.‘Fisheries Economic Impact Studies. Economic Impact of Recreational Fishing in Victoria July 1997 by Fisheries Victoria’ the economic worth of recreational fishing in Victoria’s North East was worth $171 million per year.The following quotes are taken directly from the Fisheries Victoria report;p1 “ Results from the study indicate that in the last year an estimated $1.037 billion was spent on recreational fishing activities in Victoria . . . this represents approximately $200 spent per kilogram of fish caught and kept. The contribution of the recreational fishing sector (including support industries) to the Victorian economy (Gross State Product) is estimated to be $1.265 billion per annum, and the provision of fishing related goods and services generates approximately 27,000 jobs annually . . . Melbourne region made the largest contribution to Gross Regional Product ($765 million per annum), North East ($171 million), South East ($144 million), South West ($106 million), North West ($76 million)”.p9 “Allocation of recorded expenditure items as fishing expenditure; Fishing Tackle Bait 0.7%, travel, accomodation, fuel, food and drink, hire fees 2.7%, fishing equipment and specialised clothing 12%, Boats, 4WD’s etc 83.4%”p23 “the north east and south east regions attracted the highest proporation of fishers who made overnight trips:p25Area Average per capita fishing related Average number nights stayed Average per capita annual capital expenditure by RegionMelb $21.52 0.49 $740.98North East $27.53 1.21 $127.12North West $16.52 0.70 $107.25South East $50.02 2.30 $171.17South West $38.33 1.06 $304.95 p26 Estimate of gross expenditure on recreational fishing in Victoriaregion gross current (trip related expenditure $m) gross capital expenditure $m total gross expenditure $m % of Vic expenditureMelbourne 140.8 465.8 606.6 58.4North East 38.7 80.0 118.8 11.4North West 25.2 70.4 95.6 9.2South East 40.8 75.6 116.4 11.2South West 32.0 67.7 99.7 9.6Total 277.5 759.5 1037.1 100.00p28Contribution to gross state product (gsp) total south eastGross State Product ($million in 96) $1265 $ 144Employment Generated 27,000 3,300household disposable income ($million) 830 $ 99In summary, to paraphrase :"$200 per kilo of fish caught and kept by recreatioal anglers. This generates many times the wealth than that per kilo of fish caught by the commercial sector. In summary, recreational fishing is economically more important than the commercial fishing sector."

[snapper15.4kg 67]

Good one

[Boyington214 0]

Interesting reading. Thanks Cleaver!

[Piranha 76]

. In summary, recreational fishing is economically more important than the commercial fishing sector."

Try to get pirsa to understand that in our state :S