In case you missed it, there’s a Fisheries Amendment Bill (scam) working its way through the system right now, and while it might sound technical, we aim to break it down into tangible, understandable bites for you. Over the coming weeks, we’ll be unpacking key parts of it, starting with deemed value penalties. On paper, deemed values are meant to act as a deterrent when commercial fishers exceed their legal catch limits. But now the Government is proposing to reduce those penalties. When a fine becomes cheap enough, it stops changing behaviour and starts blending into the balance sheet.