Fish Market Report
FOOD TECHNOLOGY
HSC COURSE
AUSTRALIAN FOOD INDUSTRY
Sydney Fish Market
Joanne Pan 12FT
Sydney Fish Market
Sydney Fish Market (SFM) is Australia’s premier seafood centre of excellence and authentic fishermen’s market. It is the largest fish market in the southern hemisphere and the second largest in the world for range of species. It was established by the NSW government in 1945. The selling of seafood was regulated by the government from 1945 to 1999 and the seafood that was landed in NSW was required to be sold through the NSW Fish Marketing Authority. In 1994 Sydney Fish market became a privately owned company and in 1999, seafood no longer had to be sold through the Market in Sydney.
Sydney Fish Market is located in Blackwattle Bay and trades around 50 tonnes of seafood daily. It was once located in Hay Mark but the market had to be closer to water, so in 1960 it got shifted to Blackwattle Bay. Over 2 million visitors, locally and internationally, go through their doors every year. Sydney Fish Market is one of Sydney’s great fishing and harbour side icons.
Levels of operation and mechanisation
Sydney Fish Market is a type large company business. It has about 67 staff members who operate the trading and promotion of the fish market, and they have turned the fish market to a tourist location; a place to buy the freshest seafood in Sydney and it also has a seafood school, known as Sydney Seafood School.
Sydney Fish Market trading uses an auction system. Sydney Fish Market has used the Dutch auction since 1989, which was adopted from the Dutch tulip auctions. This system was introduced to ensure that the products are sold quickly and at good prices.
At 5:30am every week Monday to Friday mornings, the Dutch clock auction is a silent auction. The Dutch clock auction system works by using two big clocks located at the centre of the auction hall, along with another board to show comments on the product. Information shown may include REM-
HSC COURSE
AUSTRALIAN FOOD INDUSTRY
Sydney Fish Market
Joanne Pan 12FT
Sydney Fish Market
Sydney Fish Market (SFM) is Australia’s premier seafood centre of excellence and authentic fishermen’s market. It is the largest fish market in the southern hemisphere and the second largest in the world for range of species. It was established by the NSW government in 1945. The selling of seafood was regulated by the government from 1945 to 1999 and the seafood that was landed in NSW was required to be sold through the NSW Fish Marketing Authority. In 1994 Sydney Fish market became a privately owned company and in 1999, seafood no longer had to be sold through the Market in Sydney.
Sydney Fish Market is located in Blackwattle Bay and trades around 50 tonnes of seafood daily. It was once located in Hay Mark but the market had to be closer to water, so in 1960 it got shifted to Blackwattle Bay. Over 2 million visitors, locally and internationally, go through their doors every year. Sydney Fish Market is one of Sydney’s great fishing and harbour side icons.
Levels of operation and mechanisation
Sydney Fish Market is a type large company business. It has about 67 staff members who operate the trading and promotion of the fish market, and they have turned the fish market to a tourist location; a place to buy the freshest seafood in Sydney and it also has a seafood school, known as Sydney Seafood School.
Sydney Fish Market trading uses an auction system. Sydney Fish Market has used the Dutch auction since 1989, which was adopted from the Dutch tulip auctions. This system was introduced to ensure that the products are sold quickly and at good prices.
At 5:30am every week Monday to Friday mornings, the Dutch clock auction is a silent auction. The Dutch clock auction system works by using two big clocks located at the centre of the auction hall, along with another board to show comments on the product. Information shown may include REM-