Hake are members of the cod family. However, the M. Australia are found only in New Zealand and Patagonia. They usually inhabit waters at depths of up to 800m and live for around 25 years.
Fishing of hake is managed by the Ministry of Primary Industries using the Quota Management System (QMS). Current allowable commercial catch for hake has been set at 10,575,143 kg for the year ending 30 September 2019