Not many countries in the world have the luxury of fresh protein coming from an industry like this – Tasmania is very lucky – but we need to do more. The world is 70 per cent sea and just 30 per cent land so that’s where we need to do more. For Petuna, our next challenge will be moving into the open sea.
This will be a big test for us. We will be moving from floating pens in calm waters to 25 kilometres offshore facing 6-7 metre waves. But this type of innovation in aquaculture excites me.
Over the next century, aquaculture will change completely, so we need to stay one step ahead.
My goal is to duplicate the size of this company in the next 10 years so we're going to need lots of support. Luckily, I found people at ANZ who really understand our business.
Farming businesses like aquaculture have up and downs. You could face a storm that destroys all your pens. Support during those bad times is the most important thing.
Ruben Alvarez is CEO of Petuna Aquaculture