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Economic & Social Contribution Report

Tasmanian Salmon Industry’s Contribution to Jobs and the Economy

A recent report produced by Salmon Tasmania in collaboration with Deloitte has garnered widespread praise for highlighting the significant benefits of the $1.36billion industry to workers and the economy across the state.

The Economic and Social Contribution Report revealed that the industry contributed $770 million to the Tasmanian economy in the past year and supported over 5,103 full-time equivalent jobs statewide.

The analysis further revealed the salmon industry accounted for more than a quarter of the jobs in the Huon Valley and 17% of employment in the Latrobe, Tasman, and West Coast local government areas.

The report emphasised the industry’s positive impact on regional communities, with almost 90% of the economic activity occurring in these areas. Additionally, salmon workers in regional communities earned,

17% of all jobs are related on average, 56% more than workers in other industries in the same areas.

Luke Martin, CEO of Salmon Tasmania, expressed pride in the industry’s contribution in every

In the Huon Valley 1 4 jobs (26%) are related to the salmon industry to regional communities and emphasised the stability and rewards it offers to its workforce.

The Tasmanian salmon industry, valued at $1.36billion, was found to be twice the size of the horticulture sector and 38% larger than the red meat processing industry in Tasmania. out of

The report also highlighted that 91.3% of workers in the industry were employed full time.

9 10 of our workers are in regional Tasmania

The industry was commended for providing diverse employment opportunities across various stages of the value chain, including aquaculture, hatchery operations, processing, logistics, and marketing.

Minister for Primary Industries and Water, Jo Palmer, welcomed the report and praised the industry for its sustainable investments in Tasmania.

Huon Valley Mayor Sally Doyle acknowledged the report’s findings, which underscored the positive ripple effects of the industry on the local economy.

THE Tasmanian Salmon industry: a vital social and economic contributor

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