The cost of the Government's new Cook Strait ferries is still unknown - but ACT's David Seymour has offered up some clarity. 

On social media, David Seymour said it'd cost 'approximately half' of Labour's proposal - which was projected to be between three and four billion dollars. 

But Winston Peters says that's not accurate. 

Seymour says people have taken his words too literally. 

"When I said half, what I meant is - it's going to be a lot less, like when someone says it's half the price. Often, they don't literally mean half, they mean it's just a lot less, and that's what it will be."

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The cost of the Government's new Cook Strait ferries is still unknown - but ACT's David Seymour has offered up some clarity.&nbsp;
On social media, David Seymour said it'd cost 'approximately half' of Labour's proposal - which was projected to be between three and four billion dollars.&nbsp;
But Winston Peters says that's not accurate.&nbsp;
Seymour says people have taken his words too literally.&nbsp;
"When I said half, what I meant is - it's going to be a lot less, like when someone says it's half the price. Often, they don't literally mean half, they mean it's just a lot less, and that's what it will be."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

David Seymour: ACT Party leader defends ferry replacement project cost prediction after Peters interview

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/22ae3542-969b-4fe9-a555-b24400617a4e/transcript