Shark Tank Australia returns to 10 after five year hiatus

Shark Tank Australia is returning to 10 and 10 Play, with casting now open for its fifth season after a five-year hiatus.

Shark Tank Australia brings together five business superstars, who are ready to put their own cash on the line and turn the next big idea into a profitable venture.

10 is calling for budding entrepreneurs with great business ideas who want to take a chance to change their life.

The original featured a panel of multimillionaire investors called "Sharks" who listened to entrepreneurs pitch businesses or products they wished to develop. If one or more Sharks were interested, investment deals could be made on the show. However, if all sharks declined, contestants were left with nothing. 

The 2023 judges are yet to be announced, but in the last season, the sharks brought together five Australian business superstars – internet pioneer Steve Baxter, Boost Juice entrepreneur Janine Allis, international businessman Andrew Banks, RedBalloon experience founder Naomi Simson and Dr Glen Richards, founder of Australia’s largest pet-care company Greencros

Shark Tank is based on the Dragons' Den format owned by Japan’s Nippon TV and distributed by Sony Pictures Television. It will be produced for Network 10 by SPT’s Curio Pictures.

Back in 2017, speaking to Mediaweek on the day Ten Network entered administration, Shark Naomi Simson said: “No business is set and forget. All five of us on the show are very aware of the challenges that face all businesses. What I do know is that Channel Ten produces great content. We are all really proud of the show that Endemol Shine produces for Ten.”

Shark Tank Australia coming soon to 10 and 10 Play.