The breakthrough is potentially opening the doors to a new multi-million-dollar industry.
A report in The Standard says that several hundred thousand tiny hatchlings from an induced spawning this month are growing in tanks while thousands more fertilised eggs are incubating.
The university researchers say that larval survival has been excellent and the frist batch opf young fish is expected to be ready for restaurant markets in about 12 months.
Some may be sold earlier to aquaculture farms.
Development of the controlled propagation procedures has been a collaborative project between the university, the Victorian Department of Primary Industries and several commercial aquaculture farms including that of Warrnambool aquaculture entrepreneur Peter Kavanagh, The Standard report says.
Scientists Manipulate Cod Spawning Cycle
AUSTRALIA - Researchers at Deakin University's Warrnambool campus in Victoria has successfully manipulated the breeding cycles of cod to enable on-demand production.