News

Deep sea blues: Administration is looming at Fishos

The Coffs Harbour Deep Sea Fishing Club. Photo: Trevor Veale / Coffs Coast Advocate
The Coffs Harbour Deep Sea Fishing Club. Photo: Trevor Veale / Coffs Coast Advocate Trevor Veale

BEFORE an administrator is appointed to oversee operations at the Coffs Harbour Deep Sea Fishing Club, approval is needed from the Independent Office of Liquor and Gaming to allow that course of action.

Club directors voted this week to make the application after enduring difficult conditions for the past five years with consecutive losses over that period.

The latest annual report issued by the club shows losses over the past two financial years totalling more than $800,000.

Despite the decision to try and appoint an administrator, club president Bill Mabey is predicting a bright future for the iconic club.

"We're open as normal and fishing and other events are planned to proceed, including this weekend's annual Mackerel Shootout," Mr Mabey said.

The club's directors have taken steps to improve the club's accounting and cash handling systems among other initiatives to improve the club's financial position.

Mr Mabey said the initiatives are creating improved performance, but help is required to secure the club's future for both members and suppliers.

"Over the past 12 months, the current board has worked hard to try and drive change and reverse this trend," he said.

"Unfortunately, we've been unable to bring about the level of change required to get the club back on track without some external intervention."

Earlier this week, the Coffs Coast grapevine suggested the Deep Sea Fishing Club was set to follow the path of Club Coffs on West High and close its doors.

"Unfortunately, the timing is lousy because everyone has seen Club Coffs closing, but that's not our situation," the club president said.

Topics:  clubs nsw, coffs harbour, coffs harbour deep sea fishing club, voluntary administration



Coffs Harbour a global party capital

PARTY: Coffs Harbour has been named among some of the world's biggest cities for hosting great festivals and events.

WHAT does Coffs Harbour have in common with Dubai, Krakow and Philad

Childcare centre forced to close

TRASHED: Soft drinks used for Rainbow Cottage fundraisers litter the ransacked facility.

Nearly 80 families left in limbo after vandals strike

Five taken to Coffs hospital Pacific Hwy crash

Ambulance attend surf rescue at Diggers Beach.Photo: Trevor Veale / The Coffs Coast Advocate

Pacific Hwy crash clogs up holiday traffic

Local Partners

Marvel's Luke Cage S1E4: Step In The Arena review

Mike Colter in a scene from the TV series Marvel's Luke Cage. Supplied by Netflix.

*WARNING: spoilers if you haven't seen Marvel's Luke Cage*

Rob Kardashian admits his first crush was his sister Kim

Rob Kardashian once had a crush on his sister Kim Kardashian West.

Marvel's Luke Cage S1E3: Who's Gonna Take The Weight

Mahershala Ali in a scene from the TV series Marvel's Luke Cage. Supplied by Netflix.

*WARNING: spoilers if you haven't seen Marvel's Luke Cage*

Marvel's Luke Cage S1E2: Code of the Streets review

Simone Missick and Mike Colter in a scene from the TV series Marvel's Luke Cage. Supplied by Netflix.

*WARNING: spoilers if you haven't seen Marvel's Luke Cage*

Kim Kardashian West 'sick of talking about Taylor Swift'

Kim Kardashian West is sick of talking about Taylor Swift.

Justin Bieber ordered to attend Miami deposition

Justin Bieber has been ordered to travel to Miami for a deposition

Beach-side real estate starts at $85k on Fraser Coast

HERVEY BAY REAL ESTATE: You can buy this townhouse in Scarness for under $300k.

Live your beach-living dream locally.

Spring property hard to find

SHORT ON SELLERS: Spring is yet to see the usual influx of vendors keen to sell.

Spring selling season off to a slow start

Coffs region is hot property

The region’s housing market is looking up, with projects on the radar in Tannum Sands and Boyne Island.

Units and houses are both pulling strong returns for Coffs

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Sunshine Beach property breaks real estate record

The property overlooks Sunshine Beach, as the backyard lawn meets the sand.

Sunshine Beach mansion sale smashes real estate record