i-Rex ferries would have started arriving today
NZ previously secured next-gen, hybrid ferries for 40% less than market price during Covid. The cancellation of these partially built 2026 ferries resulted in a loss of $700m to more than $1bn
NZ previously secured next-gen, hybrid ferries for 40% less than market price during Covid. The cancellation of these partially built 2026 ferries resulted in a loss of $700m to more than $1bn
Government sneakily shifts the numbers on the cancelled Kiwirail i-Rex project from $3b to $4b as Luxon and Willis defend their plan for a plan.
Nicola Willis deflects a question on why National are spending billions on roads without a business case – after cancelling the 2026 i-Rex – which had a strong business case and required $1.4bn more to complete seismic upgraded ports and next generation ferries.
Nicola Willis’s bungling of the Kiwirail Interislander project cancellation has so far cost Kiwis $1bn, but that’s not all. Today RNZ’s reporting reveals the government may have also undermined NZ’s relationship with South Korea.
My ire was raised this morning when I read a pile of PR drivel from acting PM Winston Peters about the Interislander. If he wanted to be useful looking at “critical part of our infrastructure” – then there are number of better things he could usefully do – rather than chasing headlines.