Brian Jeffriess explains implications of quota increases to ABC Rural News.
Australia’s Southern Bluefin Tuna quota has been increased for the next four years.
The International Commission for the Conservation of Southern Bluefin Tuna met this week to decide on the new quota.
Globally, the quota will rise to nearly 12,500 tonnes, up from 10,949 in 2013.
The 2014 quota for Australia will be just over 5,000 tonnes, an increase of 500 tonnes over last year.
CEO of the Australian Tuna Association, Brian Jeffriess, says it’s an exciting time for the industry.