The Standard

Posts Tagged ‘iRex’

i-Rex ferries would have started arriving today

Written By: - Date published: 3:36 pm, December 13th, 2025 - 5 comments

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

Willis’s Bungling of the Kiwirail Interislander Cancellation

Written By: - Date published: 9:23 am, September 4th, 2024 - 26 comments

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.