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“Quicklook” Assessment of Greater Adelaide's Assets & Challenges ...

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• Aquaculture is the fastest growing area <strong>of</strong> development in the SA seafood<br />

industry – work for environmental sustainability, and develop new species and<br />

technologies, enhance economic returns.<br />

• Have geothermal water in regions <strong>of</strong> the state that is perhaps not promoted quite<br />

as much as it could be. How to address the aquaculture related issues and<br />

optimise production using this resource is also poorly researched and understood<br />

(ie. dealing with low oxygen, high iron content, water hardness and in some<br />

instances hydrogen sulphide, etc)<br />

• LADS project was used to map waters up to 30m – not being used as it should.<br />

• Need to be working on detail specific reports– e.g. aerial mapping <strong>of</strong> vegetation,<br />

bringing together and making available to resource engineers. (These 2 dot<br />

points need to be integrated – the key opportunity is 1) bringing together<br />

scattered information into a user friendly GIS based system that can be used by<br />

resource planners and managers, as well as investors, and 2) targeting the gaps<br />

in the information to make ).<br />

• Rock lobster is good potential market for aquaculture but collection <strong>of</strong> juveniles is<br />

problematic and propagation is unlikely for many years<br />

• Abalone diet development industry in SA and Australia is small at this time; feed<br />

sales will remain low unless targeted overseas – doubtful<br />

• Sea Urchin – looking at manufactured feeds to increase roe (gonad) quality. A<br />

developmental project at this time; if successful may be an opportunity for<br />

propagation later.<br />

• Internationalization <strong>of</strong> aquaculture is evident. SA is now well placed for supplying<br />

fry overseas<br />

• High growth market, with future for high returns.<br />

• World leadership in environmental concerns.<br />

Threats<br />

• High staff turnover and lack <strong>of</strong> long term job funding within government, including<br />

SARDI.<br />

• Funding varies year to year, causing uncertainty in the industry particularly where<br />

research and development <strong>of</strong>ten takes 3-5 years before pilot scale trials are<br />

feasible.<br />

`<br />

• Legislation is outdated, more money and focus to aquaculture should be<br />

allocated.<br />

• How universities are coping with requirements for fishing industry, study results<br />

were poor.<br />

COMMERCIAL IN CONFIDENCE<br />

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