Delays and cost blowouts to the new Spirits project will cause TT-Line to breach its debt limit by July next year – yet somehow, the Premier isn’t aware.
Page 36 of TT-Line’s Preliminary Business Case from October makes it clear that the current debt limits for the embattled GBE will be breached from July 2025 until the current Spirits can be sold – which might not be until 2027.
Despite getting information about the Spirits from the government being like getting blood from a stone, the Premier has claimed to be open and transparent throughout this sorry saga.
He’s not fooling anyone with his claims of transparency, but perhaps the greater problem at hand is that the Premier simply doesn’t know what’s going on.
Given the extent of the Premier’s Spirits mess you think he’d do his homework and get across the detail, but he’s clearly too busy trying to hold his crumbling minority government together.
The more we hear about this project, the more it becomes clear that you can’t trust Premier Rockliff and the Liberals to manage it, and proper oversight is needed to bring the Spirits home.
Dean Winter MP
Labor Leader
