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Emergency services were notified a little more than three hours later and a multi-agency search comprising teams from both states began.
NSW and Queensland police, Marine Rescue Queensland, Surf Life Saving NSW, the Westpac Rescue Helicopter Service and the Australian Maritime Safety Authority are all involved.
One of the men on board was 69-year-old Phillip Kerswell.
“He was supposed to come home today or tomorrow, but [we] haven’t heard anything,” his daughter Elise Kerswell told 9News.
“Can’t ring him. His phone’s off.”
Ms Kerswell is desperately hoping her father comes home.
“If you see them, contact the police,” she said, her voice cracking.
“Yeah, I just want him to come home.”
Crews were concentrating efforts around Point Danger, Ballina and Brunswick on the NSW side of the border this evening.
The search will resume at first light.