Organisers of a new Sydney Harbour festival have revealed they will be releasing a very special fish into the water.
If you manage to reel in the tagged kingfish, you'll win yourself a cheeky $1 million.
The competition will be just one part of a Harbour of Life festival that hopes to refresh the Western Harbour from Barangaroo to the west of Pyrmont.
Western Harbour Alliance chairman Geoff Parmenter said of the giveaway: "These kinds of events can really kick start Sydney's recovery from the COVID pandemic.
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"A new event is a very effective way to promote a place, and to bring stakeholders together. That is why the Western Harbour Alliance has designed this new festival concept, as a potential centrepiece of the whole Precinct activation program."
A PwC report found the Western Harbour had the potential to generate $7 billion for the NSW economy and create 30,000 new jobs over the next five years.
The Harbour of Life festival is set to begin with a 'Sculptures in the Sea' exhibition, a celebration of seafood as well as the $1 million fish hunt.
Bob Baldwin, chairman of the The Australian Fishing Trade Association, added: "The $1 million kingfish is going to cause a lot of excitement among the millions of anglers across NSW and Australia."
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"I can't think of a better place in the world to wet a line and maybe catch a fortune right in the heart of our magnificent city."
It is hoped that the Sydney Harbour festival would rival Vivid, another Sydney-based festival, which attracts more than two million visitors and generates $172 million annually, as well as Sculpture by the Sea which attracts 450,000 visitors and pumps $40 million into the economy.
So, if you fancy yourself to be a bit of an angler then get down to Sydney's Darling Harbour and catch that wealthy fish.
Featured Image Credit: PATopics: News, Sydney, fishing, Australia