COMMONWEALTH OF AUSTRALIA
Primary Industries Research and Development Act 1989
Fisheries Research and Development Corporation Regulations 1991
DETERMINATION OF THE STATE/TERRITORY FISHERIES GROSS VALUE OF PRODUCTION (GVP) FOR 2018–19
Pursuant to subsection 30A(2) of the Primary Industries Research and Development Act 1989 and Regulation 4E of the Fisheries Research and Development Corporation Regulations 1991,
I, Bridget McKenzie, Minister for Agriculture, hereby determine that the state or territory Gross Value of Production (GVP) for the financial year 2018–19, being the GVP for that financial year of goods that are the produce of that part of the fishing industry that is managed by or on behalf of the particular state or territory indicated in the Schedule, is, in each respective case, the amount shown in the Schedule.
SCHEDULE
STATE / TERRITORY
| GVP ($’000) |
New South Wales ** | 158,581 |
Victoria | 107,586 |
Queensland ** | 222,398 |
Western Australia | 612,665 |
South Australia * | 452,607 |
Tasmania | 1,039,107 |
Northern Territory | 74,016 |
* Does not include input from the Commonwealth-managed southern bluefin tuna fishery.
** New South Wales and Queensland GVP determination does not include the GVP determination of their respective farmed prawn sector. New South Wales and Queensland farmed prawn GVP is included in the Commonwealth Fisheries GVP.
Dated this 27th day of July 2019
Bridget McKenzie
EXPLANATORY STATEMENT
Primary Industries Research and Development Act 1989
Fisheries Research and Development Corporation Regulations 1991
DETERMINATION OF THE STATE/TERRITORY FISHERIES GROSS VALUE OF PRODUCTION (GVP) FOR 2018–19
Under subsection 30A(2) and (3) of the Primary Industries Research and Development Act 1989, the amount paid to the Fisheries Research and Development Corporation from the Consolidated Revenue Fund shall be based on the Gross Value of Production (GVP) of that state or territory’s fishing industry.
Subsection 30A(5) of the Primary Industries Research and Development Act 1989 and 4E of the Fisheries Research and Development Corporation Regulations 1991 provides for the GVP of each state and territory in a given year to be the average of the GVP for the relevant and the two preceding financial years.
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has estimated, to the nearest thousand dollars, the GVP of the state and territory fishing industries in the financial years 2016–17, 2017–18 and 2018–19. These estimates (made on 29 May 2019) are:
| 2016–17 ($’000) | 2017–18 ($’000) | 2018-19 ($’000) |
New South Wales |
|
|
|
Victoria |
|
|
|
Queensland |
|
|
|
Western Australia |
|
|
|
South Australia |
|
|
|
Tasmania |
|
|
|
Northern Territory |
|
|
|
On the basis of the above calculation, the state and territory GVP figures for 2018-19 are determined to be:
STATE / TERRITORY
|
GVP ($’000) |
New South Wales ** | 158,581 |
Victoria | 107,586 |
Queensland ** | 222,398 |
Western Australia | 612,665 |
South Australia * | 452,607 |
Tasmania | 1,039,107 |
Northern Territory | 74,016 |
* Does not include input from the Commonwealth southern bluefin tuna fishery
** New South Wales and Queensland GVP determination does not include the GVP determination of their respective farmed prawn sector. New South Wales and Queensland farmed prawn GVP is included in the Commonwealth Fisheries GVP.