[3] In March 2023, it was announced the series would return to Network 10 later in the year, with a new panel of investors to be confirmed, and will be produced by Curio Pictures.

[8][9] Hosted by Sarah Harris, the show featured a panel of multimillionaire investors called "Sharks" who listened to entrepreneurs pitch businesses or products they wished to develop.

A 2018 investigation by Fairfax Media revealed that during the 2017 season, fifty pitches resulted in twenty-seven deals, of which only four actually closed.

[10] Shark Tank has been described as demonstrating "the drama of pitch meetings and the interaction between the entrepreneurs and tycoons.

[13] Shark Tank premiered on 8 February 2015 and aired 15 episodes through to 7 June 2015 with a regular timeslot of 8:00pm Sunday.