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 ...
The first tickets for berths on the new Spirit of Tasmania ferries will go on sale Monday as government-owned ferry operator ...
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 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 ...
Tasmania will hand ferry operator TT-Line a $75m lifeline in next week’s budget, with another $25m potentially needed to keep the company afloat. The equity injection was revealed by Minister for ...
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 ...
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