Today Port Franklin is a quiet town with a population of 125. The school, store and post office have all since closed. There are eight families still fishing. Using the old wooden boats, now fitted with diesel engines, Port Franklin fishers work in the embayment of Corner Inlet.

The fishing gears used today (haul seine net and mesh nets) are made from synthetic materials nylon, polyester or polyethylene. The fish are sent daily to the Melbourne market by refrigerated road transport in plastic bins with ice.

There are over twenty different species caught in Corner Inlet with the most popular including King George whiting, rock flathead, southern calamari and greenback flounder.

The mangroves growing along the Franklin River have flourished with the increased sediment because of land clearing practices. The mangroves and salt marsh in the area are important fish nursery areas. The inlet supports good fish populations because of its clean environment. By looking after and protecting these habitats the fishermen are ensuring a sustainable future.