Commercial Southern Rock Lobster fisheries contribute around $250 million in landed seafood value to the Australian economy each year. Professional Rock Lobster Fishers across South Australia, Tasmania and Victoria operate licenses, vessels, pots and harvest infrastructure with an estimated capital value of $2.3 billion, landing over 3,000 tonnes of premium Southern Rock Lobster annually.Learn More
SRL’s primary function is to facilitate a process to guide expenditure of Research and Development (R&D) levy funds independently collected from industry by State Government agencies and leveraged via the Fisheries Research and Development Corporation (FRDC). Accordingly, the FRDC is a key SRL partner with strategically aligned R&D priorities and objectives. Further information in relation to the FRDC can be found here with additional information regarding the Industry Partnership Agreement (IPA) in place between SRL and the FRDC available here.
SRL also works to attract and secure other R&D funding sources outside of the FRDC process.
SRL guides all industry R&D expenditure for this valuable fishery sector and, over the next five-year planning horizon, is working to deliver against the five strategic goals identified in the ‘SRL Strategy 2022’.