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. 

LISTEN ABOVE 

There’s push back on the cost of the Government's broken ferry deal.&nbsp;
Hyundai is back in the running to build the two new ships after the coalition canned its original contract in 2023.&nbsp;
Documents indicate the Government's set aside $300 million to cover that broken agreement.&nbsp;
It must be paid regardless of a new deal.&nbsp;
Rail Minister Winston Peters told Mike Hosking the issue's being considered in negotiations, but disputes the cost.&nbsp;
He says the real cost is far lower, and it's an appalling situation and shocking decision he's had to deal with.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Winston Peters: Rail Minister on the previous ferry deal, cost of the broken deal

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3418d651-1f41-42cc-9b27-b296013fd372/transcript