|New Dawn: For Access to High Yielding Invesments in the Australian Abalone Industry|
|Thursday, 15 November 2007 14:58|
Publisher: Private Titles Office
From Baird Maritime:
During the past thirty years abalone fishing has become one of the most lucrative sectors of the overall Australian fishing industry. It has been conducted by diving in the temperate waters of the southern part of the Australian continent.
Most of the abalone product is exported and most of that is to Asia. Australia produces about 50 per cent of the world’s wild caught abalone.
As Asian incomes have increased, so has the abalone industry flourished. The Australian industry has become increasingly tightly regulated and values of abalone licences and catch quotas have soared.
Accordingly, a need has arisen to fund the purchase of licences and quota for newcomers to the industry both as participants (divers) and investors. While not without risk, returns on investment in the industry have been substantial.
The publisher of this excellent overview of the industry the Private Title Office Pty Ltd, has devised a practical annd workable scheme by which newcomers to the industry can practically invest in it. Their approval provides a means for investors to participate in what was once a very attractive but almost entirely closed shop.
Both an enticing guide to a most interesting investment and a very useful overview of the abalone fishing industry in Australia.
Private Titles Office
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