Qld fishers to consider buybacks

QUEENSLAND fishers will be asked whether they want their licenses bought back.

Fisheries Minister John McVeigh says invitations would be made this week to east coast commercial net fishers.

"These licences are targeted to meet the government's election commitment to reduce the number of commercial net licences," he said.

"Industry has asked for a 50 per cent reduction of net licences. We'll look towards this target."

Mr McVeigh said offers would be assessed on current market values to make sure only reasonable offers were accepted.

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