On the coast of southern New South Wales, a boat is being towed to a new home.
The owner of the vessel, known only as Tom, wants to buy it for $1.2 million.
But the Government of New South Welsh, which is paying for it, doesn’t have the money to buy the boat outright.
Instead, it’s giving Tom and the Government a 30-day deadline to sell.
And it’s asking for a big cash payment.
“We don’t have any cash left and we’ve got to sell it to make up for our budget shortfall,” Mr Tom said.
“So the fact that we’re asking for this money is the last thing we want.”
“We have to be prepared to pay to be able to buy a boat.
It’s not about what we want to buy but what we need to be making the boat.”
The Government’s plan is to buy Tom a boat that’s ready for sea and a few years later will be ready for port.
It’ll cost around $2 million to build and $1 million to operate.
But it’s hoped that the Government will find some savings in the purchase price of the boat, which will be the first ever off the coast.
“In our plan, if we can find savings in these costs, we’ll be able, if the price of this boat is right, to purchase a vessel to use as an offshore turbine,” the Government’s chief executive, David Cameron, said.
And for Mr Cameron, that boat is not a luxury.
“I’m not a billionaire,” he said.”[But] I’ve been working on offshore turbine for 15 years.
I’ve never seen anything like it before.”
Topics:new-zealand,commercial-aquaculture,coronavirus-and-diseases-and_disorders,southeast-4285,newcastle-2300,qld,nsw,australiaFirst posted October 11, 2018 16:13:21Contact Tom at: