For over a hundred years commodities of the equine variety have been bought and sold at the Inglis Newmarket Complex. These days it's also a function venue, and the site of Kate Sylvester's spring 2011 Australian fashion week showing. It's a fitting parallel: horses on parade, models on parade, and viewers in the stands making their picks on what's the wisest, most lasting, purchase of the season. Photographer Kelly Defina captured this image of the uniquely circular runway and haunting lighting for Fashionising.com.