Commuter ferry must be shown viable
In considering a commuter fast ferry service from Ettalong to Sydney, financial viability is of paramount importance.
Fast Ships were offered State Government support in 2002/3 but did not find financial backing for the project.
I believe a major factor would be because fares would have to be prohibitive.
Estimates show adequate financial returns on a $30m project require high fare levels.
While the prospect of a commuter ferry service is appealing, high fare levels are unlikely to attract sufficient commuter traffic.
The community does not want a repeat of the Port Macquarie example quoted by Susan Dean in the last edition of Peninsula News - a wharf and no commuter ferry service.
It is essential Gosford Council only allows construction of the wharf to proceed subject to pre-conditions that satisfy it that a financially viable commuter ferry service is possible.
Michael Gillian
Ettalong Beach