Australia’s marine economy is predicted to grow three times faster than Australia’s gross domestic product over the next 10 years to become a 100-billion-dollar industry. With diverse marine environments, and as the closest point to the Nation’s capital, Eurobodalla offers significant blue economy opportunities to small and large enterprises, niche operators and bespoke ventures.
The blue water economy already thrives here. This is seen in traditional businesses such as aquatic and marine tourism, fishing and aquaculture, marine supplies and repair, surfboard and watercraft design and building, and slipways and marine storage facilities. Existing markets such as these are far from saturated, and there is immense capacity here for new blue economy ventures and investment.
Eurobodalla’s low cost of doing business, NBN availability, and proximity to Sydney and Canberra, is attracting a new generation of blue economy pioneers. SmartOysters – the first digital farm management system for Oyster farmers, UnderseaROV – remote underwater exploration, and HotnDry – marine dry suit specialist, all call Eurobodalla home.
Eurobodalla Shire Council is actively investigating and advocating for several projects to support and boost the blue economy, including a deep-water marina to allow vessels such as cruise ships to dock in Batemans Bay, and an Oyster hatchery in the Moruya airport precinct to meet the South Coast’s growing and unprecedented demand.
Eurobodalla Council sees the marine economy as key to our Shire’s prosperity. Surrounded by oceans, lakes, rivers and beaches we believe we offer an ideal base for new blue economy ventures or the expansion of existing ones. If this is your industry, we are keen to talk to you.