High Quality Content by WIKIPEDIA articles! Aquaculture in Australia is the country`s fastest growing primary industry, accounting for 34% of the total gross value of production of seafood.Mud crabs have been cultivated in Australia for many years, sometimes leading to over-exploitation. Traditionally, this aquaculture was limited to pearls, but since the early 1970s, there has been significant research and commercial development of other forms of aquaculture, including finfish, crustaceans, and molluscs.