Speaking at the three-day Australasian Aquaculture Conference in Tasmania, Mr Palmer told ABC News: "To actually get the water and then get the environmental impact statement approved, you're looking at a minimum of $1 million and heaps of time," he said.
"It took 19 years to get a mussel farm licence in NSW and there hasn'tbeen a new aquaculture facility approved in Queensland for 19 years."
Restrictions Slowing Aquaculture Growth
AUSTRALIA - Tight restrictions are making it difficult for Australia's aquaculture industry to expand despite increasing demand, says Roy Palmer of the World Aquaculture Society.