1
00:00:00,440 --> 00:00:02,360
Speaker 1: So did you hear the disappointment oozing out of that

2
00:00:02,400 --> 00:00:05,400
Speaker 1: maritime union guy I just spoke to when we find out,

3
00:00:05,440 --> 00:00:07,280
Speaker 1: of course, the break fee for the inter island ferries

4
00:00:07,320 --> 00:00:09,719
Speaker 1: will be around three hundred million hurricanes, it's more like

5
00:00:09,800 --> 00:00:12,440
Speaker 1: a billion. But that recon felt like a reckon, if

6
00:00:12,480 --> 00:00:14,560
Speaker 1: you know what I mean. The fairies, by the way,

7
00:00:14,600 --> 00:00:16,919
Speaker 1: only cost five hundred and fifty one million dollars, so

8
00:00:16,960 --> 00:00:19,759
Speaker 1: three hundred mil that's sixty percent of the cost of

9
00:00:19,800 --> 00:00:22,680
Speaker 1: the ferries just to break the contract. So if we

10
00:00:22,760 --> 00:00:24,840
Speaker 1: do accept that a billion dollars has been spent on

11
00:00:24,920 --> 00:00:28,880
Speaker 1: nothing at all, it's making labours light rail fiasco look trivial.

12
00:00:29,520 --> 00:00:32,440
Speaker 1: The union guy caught all the situation Nikola Willis's mistake,

13
00:00:32,479 --> 00:00:36,080
Speaker 1: and I have to say I agree. She is hoping

14
00:00:36,120 --> 00:00:38,159
Speaker 1: to be remembered as the savior of the economy, but

15
00:00:38,280 --> 00:00:41,479
Speaker 1: she will never escape this billion dollar boat botch up,

16
00:00:42,159 --> 00:00:44,600
Speaker 1: a botch up she jumped into because I think she

17
00:00:44,680 --> 00:00:46,880
Speaker 1: just wanted to strike a blow against labor and they're spending.

18
00:00:47,080 --> 00:00:49,519
Speaker 1: And also Kiwi Rail, who seemed to think the government

19
00:00:49,600 --> 00:00:52,800
Speaker 1: is an open bank. Winston Peters is rushing to patch

20
00:00:52,840 --> 00:00:55,120
Speaker 1: things up. We always seem to forget what the real

21
00:00:55,160 --> 00:00:57,640
Speaker 1: cost of the project is. Yeah, five hundred and fifty

22
00:00:57,680 --> 00:01:01,840
Speaker 1: mil on some boats, but it's the wharves and more

23
00:01:01,880 --> 00:01:04,959
Speaker 1: particularly the Wellington Wolves. They need to be renovated. They

24
00:01:05,000 --> 00:01:07,639
Speaker 1: need to be earthquake strengthened, they need to be future proofed.

25
00:01:07,920 --> 00:01:10,360
Speaker 1: We need to decide if they need real infrastructure at

26
00:01:10,360 --> 00:01:12,080
Speaker 1: all so we can roll a train on a ship

27
00:01:12,480 --> 00:01:14,560
Speaker 1: or do we have a terminal where we swap off

28
00:01:14,560 --> 00:01:17,920
Speaker 1: over the cargo. We need to decide the capacity of

29
00:01:17,959 --> 00:01:21,399
Speaker 1: the terminals. And these are all questions that never make

30
00:01:21,440 --> 00:01:24,800
Speaker 1: the public decision. It was a three to four billion

31
00:01:24,840 --> 00:01:27,680
Speaker 1: dollar project. The boats are only five hundred and fifty

32
00:01:27,640 --> 00:01:30,360
Speaker 1: millli of that, So where's the debate on all the rest?

33
00:01:30,560 --> 00:01:33,080
Speaker 1: And as we wait for Winston's grand answer to this

34
00:01:33,200 --> 00:01:35,760
Speaker 1: three billion dollar question, I hope he will cover those

35
00:01:35,800 --> 00:01:40,240
Speaker 1: issues as much as the floating stock. For more from

36
00:01:40,240 --> 00:01:43,520
Speaker 1: Early Edition with Ryan Bridge. Listen live to News Talks

37
00:01:43,560 --> 00:01:46,840
Speaker 1: it be from five am weekdays, or follow the podcast

38
00:01:46,840 --> 00:01:47,760
Speaker 1: on iHeartRadio.