Information about work, life and play in Regional Australia

Friday, November 16, 2007

Australia's Lobster Shortgage

Graphic: Western Rock Lobster Development Association

WA produces something like 80 per cent of Australia's lobster catch. The industry with its 500 boats justly prides itself on running an environmentally sustainable fishery.

This year the combination of economics with nature has worked against the industry. Rising fuel prices together with the rising Australian dollar has combined with a reduction in the projected catch from 10,500 to 9,400 tonnes to place pressure on the industry.

The loser? The Australian consumer who can expect to pay Christmas prices of $20 per piece as compared with $10 a few years ago.

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