Interislander ferry replacement project hit $1.7 billion cap in June

Thursday 29 October 2026 · 3 outlets · 3 reports · updated Thu 29 Oct, 10:00am

In this story Winston Peters

The project to replace Interislander ferries reached the government's $1.7 billion limit in June. This has resulted in the removal of safety, sustainability, and value-for-money enhancements. A review noted that a lack of detailed business cases has limited decision-making transparency.

How they headlined it

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1. RNZThu 29 Oct, 6:39am

   Ferry replacement project hit government's $1.7b ceiling in June (opens in new tab)

2. The Post via RNZThu 29 Oct, 7:06am

   Ferry project hits government's $1.7b ceiling (opens in new tab)

3. Otago Daily TimesThu 29 Oct, 10:00am

   Ferry replacement project reached $1.7b ceiling mid-year (opens in new tab)