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'Appalling': Winston Peters rebukes claims around cost of broken ferry deal

Author
Newstalk ZB,
Publish Date
Wed, 5 Mar 2025, 8:23am
Photo / Mark Mitchell
Photo / Mark Mitchell

'Appalling': Winston Peters rebukes claims around cost of broken ferry deal

Author
Newstalk ZB,
Publish Date
Wed, 5 Mar 2025, 8:23am

There’s push back on the cost of the Government's broken ferry deal. 

Hyundai is back in the running to build the two new ships after the coalition canned its original contract in 2023. 

Documents indicate the Government's set aside $300 million to cover that broken agreement. 

It must be paid regardless of a new deal. 

Rail Minister Winston Peters told Mike Hosking the issue's being considered in negotiations, but disputes the cost. 

He says the real cost is far lower, and it's an appalling situation and shocking decision he's had to deal with. 

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