The local southern bluefin tuna industry re-signed an agreement with the Fisheries Research and Development Corporation (FRDC) worth more than AUD 2.5 million that will ensure sustainability for the fishery in the future.
The signing of the five year agreement coincided with the launch of the tuna industry's first website, which went live yesterday.
Australian Southern Bluefin Tuna Industry Association research manager David Ellis said the cooperation between the industry with FRDC was important for the fishery's sustainability.
He said the program between FRDC and the local tuna industry helps research many aspects including fish health and manufactured feed.
"We've got a good relationship with FRDC and it's helped us keep sustainable," he said.
"Having that relationship has given us a sense of stability and security."
Other areas of research the investment will focus on include optimising the quality of southern bluefin tuna, improving ranching operations and focusing on environmentally sustainable practises.
Mr Ellis said the launch of the fishery's first website yesterday was also a chance for the industry to interact more with the public.
"We just found we were fielding a lot of questions from the general public about sustainability and how the industry works," he said.
"We felt it was better to get that information out there."
The website also gives the public an opportunity to sign up and receive regular updates from the industry.
