Angling drops $7 billion into Vic coffers

ANGLERS in Victoria contribute over $7 billion to the state’s economy each year, a recent report has found.  According to this article in the Herald Sun, this benefit is derived from both direct ($2.6 billion) and indirect income. The massive revenue from non-commercial fishermen was revealed for the first time in a report by Ernst and Young commissioned by the Recreational Fishing Licence trust fund. It includes a contribution of $1.3 billion from the Port Phillip region alone. 

Fishing in Port Phillip Bay alone contributes $1.3 billion to Victoria’s economy.

What's your reaction?

Related Posts

Load More Posts Loading...No More Posts.