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The gross value of Australian fisheries and aquaculture production (GVP) increased by 12 percent to AUD 2.8 billion (USD 2 billion, EUR 1.9 billion) in 2014-15, according to the new Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) “Australian fisheries and aquaculture statistics 2015” report.

ABARES acting Executive Director, Peter Gooday, attributed the increase to a rise in the volume and prices of wild-caught rock lobster, which was caused by...

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