Growing fish in cages situated in farm ponds and dams is only a relatively new aquaculture production method used in Australia. Aquaculture cage production is best suited to the carnivorous territorial commercial species that grow well in recirculating aquaculture systems, predominantly Murray cod. Murray cod produced in cage culture systems are performing exceptionally well, and this new production system will expand significantly in Australia and is proving to be a prosperous agricultural enterprise. As with pond and tank culture systems, inland pond-based aquaculture cage fish production systems have both advantages and disadvantages. However, if set up effectively within suitable locations, cage culture can be a highly profitable enterprise.