The announcement comes as TT-Line continues to wrestle with the financial fallout from its bungled delivery of the new Spirit of Tasmania vessels.

The state government will deliver a half-billion bailout to Bass Strait ferry operator TT-Line in next week’s budget as it struggles with the mounting cost of a bungled ferry and wharf upgrade.

It works out to be roughly enough to buy every Tasmanian eight trips across Bass Strait on the new ferries (recliner only, no cabin) when they eventually enter service. Of course, taxpayers are paying ...

The two government businesses responsible for the botched Spirit of Tasmania ship replacement program would undergo a major restructure, with one stripped of all assets, under a Tasmanian Labor ...

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 ...

Treasurer Eric Abetz and Minister for Infrastructure and Transport Kerry Vincent announced the additional funding in Hobart on Friday. Minister for Infrastructure and Transport, Kerry Vincent, said ...