Fishermen notice a drop off in tuna – once they could fish 4 miles offshore, by 1978 they had to travel 100 miles offshore.
The Shiralee capsized on August 10 while transporting building material to Gabo Island, as well as fishing. Onboard were Michael Patrick Pease, Stephen Lawrence Pease, and Terence James Rowe. Their bodies were never recovered.
After the loss of the Eden trawler Shirra-Lee the town decides to raise funds for a Fishermen’s Memorial Wall.
Twofold Bay Yacht Club purchases a local school building for $50.00. The building was dismantled and later used to erect a new clubhouse.