Overview
The Abalone Industry Reinvestment Fund (AIRF) is a partnership between Government and the abalone industry which contributes $1 million per year to address Centro range-extension along Tasmania's east coast and enhance abalone stocks.It was established in the 2018-19 Budget for five years with subsequent extension to June 2026.
The fund is administered by the Department of Natural Resources and Environment Tasmania (NRE Tas) with funding advice provided by the AIRF committee. The Committee members include NRE Tas and Tasmanian Abalone Council Ltd (TACL), with research advice from the Institute for Marine and Antarctic Studies (IMAS).
Restoration by Harvest Pilot Program: Fortescue Bay
AIRF Funding Recipients