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ABC signs MOU with Indonesian National Public Television Network

The MOU jointly recognises the role of the ABC and TVRI as national broadcasters in their respective countries and serves as an expression of the ABC’s commitment to collaboration and cooperation with TVRI.

RECAP | Sharks Spend Big On Sunscreen, Suits And Sock Drawer Heroes On SHARK TANK AUSTRALIA

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The Best Pitches have been saved for last, the sharks are circling in on their final deals on Channel 10 Shark Tank Australia.

Across this season of Shark Tank Australia, our Sharks have invested over $4 million, and in tonight’s season finale, the Sharks still had plenty of cash left in the Tank. But which entrepreneurs were worth the risk, and reeled in this season’s final killer deals?

First up to face the Sharks was scientist turned mum, turned entrepreneur, Stephanie Bream from Perth. Her clever sun-safe business, Sundust is a glittered sunscreen, whose glitter wears off, to remind you to reapply.

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Shark Tank Australia - Robert and Stephanie (Sundust) - Image: 10
Shark Tank Australia – Robert and Stephanie (Sundust) – Image: 10

Seeking investment of $100,000 for a 20% share to broaden the business to business sales, and increase online marketing, four Sharks bowed out, leaving just Robert. Seeing the potential of the product in the North American market, Robert countered with $100,000 for 75% of that market, with Stephanie agreeing to the sparkly deal.

Sydney best friends Daniel and Luke aren’t just snappy dressers, they’re aiming to help individuals to smarten up their act with Suitor,  Australia’s first and only online suit hire company. Seeking $250,000 for 10% equity, they managed to sew up a lifechanging deal, reeling in Sabri and Davie for a shared deal of $250,000 for 15%.

Shark Tank Australia - Daniel and Luke (Suitors) - Image: 10
Shark Tank Australia – Daniel and Luke (Suitors) – Image: 10

Hoping to change lives with their products, were Bec and Erin. Relying on their own lived experience and that of the gender-diverse community, they co-founded Australia’s leading gender expression company, Sock Drawer Heroes, providing affordable gender affirming products and resources to the trans and gender diverse community. Entering the Tank seeking $120,000 for a 7.5% stake of the business, it was the pair’s shared focus between retail, and their online and physical store, that saw Sharks Sabri, Davie, Robert and Jane choose not to invest.

However, seeing this as an investment for growth to better service the community, Catriona, who is on her own gender identity journey, enticed fashion expert Jane, back to the bargaining table, securing an impressive $120,000 for 16% of the business between the two.

Shark Tank Australia - Daniel and Luke (Suitors) - Image: 10
Shark Tank Australia – Daniel and Luke (Suitors) – Image: 10

Catriona said: “Bec and Erin’s pitch and business was one of the most impressive I’d seen on Shark Tank Australia. My reasons for investing were that the Founders are excellent, the business is profitable and serves an important community, and that I identify as non-binary and genderqueer – so I want to support businesses that are led by gender diverse people”.

Unfortunately, missing out on the final investment for the season, was Brandscent, the husband and wife team, providing science-backed scent marketing to businesses.

Shark Tank Australia, all episodes this season now available on 10 Play.

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Samantha Kirkley
Samantha Kirkley
Samantha Kirkley is a Melbourne based writer and taking over the internet one blog post at a time.
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ABC signs MOU with Indonesian National Public Television Network

The MOU jointly recognises the role of the ABC and TVRI as national broadcasters in their respective countries and serves as an expression of the ABC’s commitment to collaboration and cooperation with TVRI.

WATCH | First look at new season and judging lineup for THE VOICE AUSTRALIA 2024

The spectacular combination of brand-new coaches LeAnn Rimes, Adam Lambert, Kate Miller-Heidke and returning coach Guy Sebastian promises a season filled with phenomenal performances, emotional moments and life-changing opportunities.
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