counter
decrease font size
increase font size
change type face
bookmark this page
email this page
print this page

TheFishSite Latest News

Search TheFishSite:
Section:

Use the above box to search this section or the whole site
Friday, April 25, 2008
Print This Page

Rising Dollar Hits Seafood Exports

VICTORIA - The major outlet for Gippsland’s seafood harvesters, the Lakes Entrance Fishermen's Co-op has had to suspend its export operations because of the rise of the Australian dollar.
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.

To continue reading this article please click here

Source: Gippsland Aquaculture Industry Network


Who's Online?

Search Site
Books and Photos
Book Shop Stock Photography