$20m permit buyback aims to help recovery of jackass morwong, redfish, john dory and silver trevally

The federal government will spend $20m to buy out fisheries in Australia’s south-east in part because the climate crisis is affecting population numbers of some species, making current fishing levels unsustainable.

The Australian Fisheries Management Authority will buy back vessel permits in the south-east trawl fishery, which is the largest commonwealth-managed fin fish fishery in Australia.

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