Treasurer Eric Abetz has mounted a staunch defence of ferry operator TT-Line against accusations of insolvency.
Bass Strait ferry operator TT-Line may need an urgent taxpayer-funded rescue package as its terminal project costs spiral from $90m to nearly half a billion dollars. The Public Accounts Committee ...
Yesterday the Government revealed more details on its commitment to boost TT-Line’s contribution to tourism through cheaper fares and more day sailings. The Government says the total refurbishment ...
The first tickets for berths on the new Spirit of Tasmania ferries will go on sale Monday as government-owned ferry operator ...
The company has hotly denied the claim. Auditor-General Martin Thompson released the second half of his audit report on state entities on Monday. “[The financial year] 2024/25 was a challenging year ...
The Public Accounts Committee heard that TT-Line has asked government lender Tascorp for an expansion of its debt limit from $1.035bn to $1.445bn to keep operating. TT-Line has currently drawn down ...
The financial crisis engulfing Tasmania’s ferry operator has deepened as the Auditor-General maintains the company cannot repay its mounting debts. A parliamentary committee has heard Auditor-General ...