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Lobster fishing is one of WA's most significant agricultural industries. Photo: Ian Derick, WAFIC

Government blind in $70m lobster move

Opponents continue to blast government changes to lobster licensing arrangements as it emerges that, despite the state potentially pocketing nearly $70 million annually from the moves, a cost benefit analysis of the major policy shift unveiled in December was not undertaken.

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Mandurah
It is amazing only a few years ago the rock lobster industry was in a dire position and industry decided to move to quota to stabilise the industry. The 10-year average catch at the time was 10.5 million kilograms and the quota was set at 5.5 million kilograms to stabilise the industry and move to a resource rent set at 5 per cent of gross industry turnover that amounts to approximately $30 million this year, which sounds excessive considering mining only pays 2.5 per cent.

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