Terms of Reference

 
That the following matter be referred to the Rural and Regional Affairs and Transport References Committee for inquiry and report by 24 June 2021:
 
The fisheries quota system and examining whether the current 'managed microeconomic system' established around a set of individual transferable quotas results in good fishing practice, with particular reference to:
a)
good fishing practice that is ecologically sustainable with an economic dynamic that produces good community outcomes;
b)
how the current quota system affects community fishers;
c)
whether the current system disempowers small fishers and benefits large interest groups;
d)
the enforceability of ecological value on the current system, and the current system's relationship to the health of the fisheries;
e)
whether the current system results in good fishing practice that is ecologically sustainable and economically dynamic, and produces good community outcomes; and
f)
any other related matters.

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