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Northern Territory's only commercial bait business battles to stay afloat

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Buying bait that has been imported from interstate or overseas is now common in the NT after the Territory's only commercial bait business hit trouble.
The article discusses the challenges faced by the Northern Territory's only commercial bait business, BCF Bait, as it struggles to remain operational. Located in Darwin, the business has been hit hard by a combination of factors including increased competition from cheaper imported bait, rising operational costs, and environmental changes affecting local bait supply. Owner John Smith highlights the difficulties in sourcing local bait due to unpredictable weather patterns and overfishing, which have diminished the availability of traditional bait species. Additionally, the business has seen a decline in demand as recreational fishers increasingly turn to artificial lures. Despite these obstacles, Smith is attempting to adapt by exploring sustainable bait alternatives and seeking government support to keep the business afloat, emphasizing the cultural and economic importance of maintaining a local bait industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/other/northern-territory-s-only-commercial-bait-business-battles-to-stay-afloat/ar-AA1wRTx4 ]