Each year MPI convenes a series of Fisheries Assessment Working Group meetings, open to anyone with an interest who wants to attend.
Presentations are made at the meetings, combining the results of scientific research with catch and effort reports from commercial fisheries, data from the on-board observer programme and other information sources.
The information gathered through this process is summarised in two annual Fisheries Assessment Plenary reports and inform the annual fisheries sustainability review - the most recent review was announced last week by Primary Industries Minister Nathan Guy.
The minister said that the decrease in rock lobster limits in Wellington and Hawke's Bay was supported by the industry based on its concerns, and was an excellent example of commercial stakeholders taking a long-term view of sustainability.
Mr Pankhurst agreed. "These results provide assurance that our fisheries are in good heart and through the prudent management we have in place will be there for generations to come," he said.