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
iRex
Willis’s Bungling of the Kiwirail Interislander Cancellation
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.