The Warracknabeal-born alternative-rock star revived a seven- year long saga when he told British music magazine `Q' in a recent interview that he was trying to raise $60,000 to commission a bronze statue of himself, semi-naked, atop a rearing horse.

He said he hoped to have the statue erected in the middle of a roundabout in the main street of Warracknabeal.

"It would feel like a very exotic journey if I did make it back home as a bronze statuette," he told the magazine.

"I don't dwell on it. I'm not going to pretend it's not satisfying in some ways, but there's a lot of work to do yet."

Cr McLean said neither Cave, or his `people', had made contact with council about the plans.

He also said statues of dingoes were already being considered for the only available roundabout in Scott Street.

"At this stage we have two roundabouts with sculptures of woolsacks, dogs and sheep. An indigenous theme with dingoes is being considered for the third," he said.

"There could be room maybe at one of the parks or at the front of the library, something like that, but we certainly don't have a budget that covers the purchasing and erection of such statues."

Mr McLean said he was unsure why Cave had raised the issue of erecting a statue again, after quashing it in an interview with Patrick Donovan, published in The Age on May 14, 2005.

During that interview, Cave said he had dropped the idea of having a statue because the television station which was going to finance the project wanted to film the entire process, something he didn't approve of.

Rumours of Cave's eccentric plans have made international headlines almost annually since the story first surfaced in Britain's Daily Telegraph.

A statue of Nick Cave sitting upon a reared horse featured in a Melbourne Arts Centre exhibition containing several of his personal items which included shoes and a suit, and rare video footage.

Michelle Dryburgh