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Speaker 1: Afternoon, Winston Peters says that he's saved US two point

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Speaker 1: three billion dollars with his new fairy deal. He's released

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Speaker 1: the costing for two new cook straight fairies, set to

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Speaker 1: arrive in four years time. The new fairies plus the

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Speaker 1: supporting infrastructure will cost one point eight six billion dollars,

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Speaker 1: and he's with us right now, Winston, Hello, Hello, are

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Speaker 1: you still confident that you've done the right thing?

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Speaker 2: Totally confident we've done the right thing, and it's down

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Speaker 2: to some expert people we hired, including the people in

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Speaker 2: the unions, the people who are on the straits themselves,

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Speaker 2: ships captains and people with experience. We went to them

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Speaker 2: for their best of advice and we got it.

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Speaker 1: Okay, because it doesn't look like you've actually really solved

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Speaker 1: saved that much.

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Speaker 2: Right.

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Speaker 1: You take the cost of the fairies and the supporting infrastructure,

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Speaker 1: add to it the cost of the i REX project

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Speaker 1: which was canceled, add to it the cost of the

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Speaker 1: break fees, and you've ended up at two point five

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Speaker 1: billion dollars in what you guys have spent. Compare that

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Speaker 1: to Grant Robertson's deal of two point six billion. It's

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Speaker 1: not that much of.

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Speaker 2: A saving Well, if you're going to use rubbish figures,

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Speaker 2: you'll come to your conclusion. But those figures are rubbish

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Speaker 2: and is proven by the documents they got from within

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Speaker 2: the organization as they were pursuing Irex in twenty twenty three,

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Speaker 2: and also from Treasury and weak out there Treasure, we're

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Speaker 2: saying this could blow out to four point two billion.

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Speaker 2: Those are the figures we're using.

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Speaker 1: Okay, it's only rubbish. Though, if you assume that the

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Speaker 1: projection of the blowout is correct, can you promise though,

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Speaker 1: that your deal is not going to blow out.

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Speaker 2: Yes, it's the reason why we've got discipline and this

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Speaker 2: is a common sense we're applying here. There are contendencies

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Speaker 2: in our whole plan as well to cover off any concerns.

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Speaker 2: You've got all of that nature. But no, we've got

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Speaker 2: together a hard nosed team, people like Ether Simpson and others,

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Speaker 2: mean Chris McKenzie, very experienced people and they've done a

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Speaker 2: marvelous job and I'm very grateful to them.

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Speaker 1: Okay, what are the contingencies you've gotten there?

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Speaker 2: Four fifty million for what? Well, we know what contenency means,

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Speaker 2: don't you. In case it's required to be used.

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Speaker 1: Yep, so it could potentially blow out by that much.

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Speaker 1: Or have you built the You've got that's built into

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Speaker 1: the package.

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Speaker 2: It's built into the package, built into Well done, Hither

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Speaker 2: you finally got there. Thank you very much, Oh Winston.

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Speaker 1: You always broke my day. Thank you so much, looking

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Speaker 1: after yourself, Winston Peters Aright For more from Hither Duplessy

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Speaker 1: Allen Drive, listen live to news talks.

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Speaker 2: It'd be from four pm weekdays, or follow the podcast

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Speaker 2: on iHeartRadio.