Abstract
Globally, fisheries are challenged by various issues such as ageing workforces, rising costs, reducing returns and management uncertainty. Increasing challenges and lack of recognition mean social capital and networks are not purposefully utilised, potentially negatively impacting social, economic and environmental sustainability. This paper investigates social capital within a large Australian Trawl Fishery, and the implications for associated regional communities. It is posited in the premise that industry identified problems may be addressed via improved community connectivity and industry co-operation. Semi-structured questionnaires within in-depth interviews revealed bonding capital was most prevalent within the focal fishery. The existence of, and potential for, bridging and linking capital was identified however this type of social capital was not purposefully created, utilised or maintained. Co-operative links were established for convenience or to accomplish specific tasks but many chose to act independently. Those in leadership positions felt "burned out" and "frustrated" by a lack of collaborative action. Recognition of the value, and the extensive knowledge embedded within the fishery is required in conjunction with collaborative decision making as the first steps toward changing the status quo. Further, stakeholders, despite their varying agendas, need to actively build social capital to engage strategic action. This is a challenging approach, but an important one in achieving economic and social growth, for a sustained, healthy industry.