The largest fish market in the southern hemisphere has hit back at claims it is close to financial collapse.
The Sydney Fish Market (SFM), responding to reports it was confronting an $8m loss for 2023-24 and had allegedly brought in insolvency experts, stated bluntly it remained a viable business.
“Sydney Fish Market refutes claims that it is close to insolvency,” an SFM spokeswoman told NewsWire on Thursday afternoon.
“It is taking longer than anticipated to finalise our financial report, due to extenuating circumstances related to the once in a generation transition to the new Sydney Fish Market.