News
SA company SeaLink Travel Group will acquire WA bus operator Go West Tours for $88.5 million as it continues to bolster its national and global transport holdings.
Business
Kangaroo Island Plantation Timbers has rejected a $20 million offer to buy the majority of its forestry land and use it for farming, saying the bid was “far below book value”.
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Tourism and transport company SeaLink Travel Group has posted a $13.5 million statutory loss of $13.5 million after tax for the 2019/20 financial year.
UPDATED: A state Labor push to subsidise SeaLink ferry trips to boost tourism to the bushfire-ravaged Kangaroo Island would be akin to “charging a dead person life insurance”, a competing ferry operator on the island claims.
UPDATED | South Australian travel group SeaLink is taking over the company that runs Adelaide’s central bus services, which is also competing to control the state’s trams.
Adelaide-based ferry and tour operator SeaLink has reported a record $208 million in sales and six per cent growth in underlying profit, despite disappointing results across several of its divisions.
