Government sets aside $300 million for cancelled ferry contracts
Tuesday 4 March 2025 · 8 outlets · 7 reports · updated In this story Winston Peters, Nicola Willis, KiwiRail, Treasury, Hyundai
The coalition government has set aside $300 million to cover break-fees and broken infrastructure contracts. This follows the decision to end a contract with Hyundai to build two new Interislander ferries.
How they headlined it
-
RNZ
-
Otago Daily Times
Ferry cancellation costed at $300m - for now (opens in new tab)
-
NZ Herald
Coalition sets aside $300m for Hyundai ferry contract break fee (opens in new tab)
-
The Press via The Post
Breaking Cook Strait ferry contracts to cost Govt $300m (opens in new tab)
-
1News via RNZ
Govt's iRex ferry cancellation costed at $300 million — for now (opens in new tab)
-
Waikato Times via RNZ
Government's iRex ferry cancellation costed at $300 million - for now (opens in new tab)
Also on The Post (opens in new tab), Stuff (opens in new tab), The Press (opens in new tab)
More on Interislander replacement ferries plan
- Winston Peters proposes new Interislander ferry fleet by 2029
- Two new Cook Strait rail ferries to enter service in 2029+1
- Winston Peters unveils plan for new Interislander rail ferries+1
- Winston Peters to reveal plans for Interislander ferry replacements
- Winston Peters announces plan for two new Cook Strait rail ferries