Early Edition with Kate Hawkesby

Andrew Dickens: Is the new ferry deal really better in the long run?

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Sinopsis

Winston’s great rail solution is now revealed: it’s just like KiwiRail’s iReX but cheaper.   The boats are still big and they’re rail enabled but the portside infrastructure is more reasonable.   And that’s always been the thing. The original boats were a good deal, but the kicker came portside.   KiwiRail was under the belief that the project had to be future proofed.   This was something that had to last 50 years - a type of thinking that New Zealand hasn’t done often.   So, the Ferrari was not the boat, it was the ports.  Now Winston says Picton needs a big revamp. But the earthquake prone Wellington port just needs a revamp.  In an ideal world this is not ideal. But it is, as Winston says, pragmatic.  I know people involved with the original iReX deal on the Government side.   And when this story first broke, they told me that KiwiRail shouldn’t come to the Government expecting an open cheque book.   And he was right. The original iReX deal was a good deal