The co-operative has not had to stop export to Asia of wild harvest seafood since 1968.
Dale Sumner, co-op manager, stated that with Australian the dollar currently around 94 US cents, there would need to be a devaluation back to 75 cents to make its seafood exports viable.
He also noted that rising fuel prices were also exacerbating the issue.
Source: Gippsland Aquaculture Industry Network
Dale Sumner, co-op manager, stated that with Australian the dollar currently around 94 US cents, there would need to be a devaluation back to 75 cents to make its seafood exports viable.
He also noted that rising fuel prices were also exacerbating the issue.
Source: Gippsland Aquaculture Industry Network