Recreational boating creates 18,000 jobs and is worth $4.5 billion a year to the Victorian economy.
With 197,000 registered vessels in Victoria and 417,000 licence holders it’s growing in popularity as more Victorians get out on the water to discover the state’s beautiful coastline, rivers, lakes and estuaries.
Recreational vessel registrations have grown at 2.5 per cent per annum over the past eight years. In addition to licence holders, there are 256,000 licence endorsements for personal watercraft or jet skis.
As an on-water activity, jets skis are becoming increasingly popular. They now make up 11 per cent of all registered vessels, up from 6.5 per cent eight years ago. Recreational fishing is big business too given that 838,000 people wet a line or dive for seafood every year.
Hundreds of waterways are stocked with fish and facilities are improved through recreational fishing licence fees and Victorian Government initiatives, key projects and events.