Ferry future unclear

The fate of the Ettalong Fast Ferry is unclear with the State Government last week indicating it would not provide the funds to build the terminal for the project.

Transport Minister Mr Michael Costa has written to Fastships chairman Mr Alf Salter indicating that a $4.3 million grant for the terminal was being withdrawn.

Gosford Council approved plans to build the terminal but chose not to award the building contract in May last year until the ferry had been confirmed.

Fastships chairman Mr Alf Salter has indicated that his company was seeking an extension for the terminal's construction.

He has said he thought that if Fastships secured a US investor, the State Government would come good with the money.

Mr Salter indicated in late June that the project was still on course.

Alison Branley, July 8