Summary
Imposes levy fees on participants in the Western Deep Water Trawl Fishery to fund fisheries management services, research, and administration. Covers licence fees, casting of votes for management advisory committees, and other statutory requirements for trawl operators in the western deep water region.
Reason
Levies on commercial fishing operations increase operating costs, reduce profitability, and reduce competitiveness of Australian fishers in global markets. Such imposts, particularly on a specialized fishery like deep water trawling which already faces significant geographic and operational challenges, act as a drag on investment and productivity. Without evidence that this levy produces commensurate benefits that could not be achieved through market mechanisms or user-pays pricing on a voluntary basis, it represents an unjustified constraint on economic freedom. The regulatory compliance costs associated with levy collection and administration add further unnecessary burden.