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16 Feb 2025 11:43
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  •   Home > News > Business

    The Government's giving no clues on what it'll spend on replacing the aged-out Interislander ferries

    The Government's giving no clues on what it'll spend on replacing the aged-out Interislander ferries


    InterIslander
    InterIslander
    It is setting up a company to procure two new vessels for crossing the Cook Strait - aiming to set sail in 2029.

    The Government's been exploring alternatives since scrapping plans for two rail-enabled mega-ferries and upgraded port infrastructure about a year ago - blaming cost over-runs.

    It's not revealing the break-free cost from that contract.

    Finance Minister Nicola Willis says she won't disclose their maximum budget - because that would invite tenders to climb to that number.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     15 Feb: South Waikato's council is aiming to promote growth in the area despite paper production ending at Tokoroa's Kinleith Mill
     15 Feb: 'Energy prices could and should be lower', but are retailers profiteering?
     14 Feb: Weighing up first home buyers' incentives and if they're right for you
     14 Feb: Confirmation, Kinleith Mill at Tokoroa will permanently end paper production from June
     14 Feb: Each of us is forecast - on average - to be nearly 13-thousand dollars out of pocket, thanks to the current recession
     14 Feb: It could be too little too late when it comes to encouraging a third supermarket to New Zealand
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    Resale conditions are improving in New Zealand's property market More...



     Today's News

    Rugby League:
    Maori All Stars coach Adam Blair's cut a beaming figure after their 10-6 win over the Indigenous All Stars in their annual match ahead of the NRL rugby league season 11:06

    Business:
    Resale conditions are improving in New Zealand's property market 11:06

    Law and Order:
    Miss Pacific Islands beauty pageant saga sees police 'investigating fraud' after week of drama 10:56

    Law and Order:
    Organisers of Auckland pride events are warning people to be vigilant, following disruptions by Destiny Church followers yesterday 10:56

    Soccer:
    Motivation for revenge has inspired Auckland FC to yet another win in football's men's A-League 10:46

    Health & Safety:
    Lessons to help Pacific people in the event of another pandemic 10:46

    Law and Order:
    Freed Israeli hostage learns daughter's name, as released Palestinians burn shirts 10:36

    Health & Safety:
    Concerns over a growing trend in New Zealanders travelling abroad for weight loss surgery 10:26

    Accident and Emergency:
    One person's died and another's in hospital after a single-vehicle crash in Auckland early this morning 10:26

    Health & Safety:
    A new medical trial's hoping to bring relief to families whose pre-schoolers suffer from a severe respiratory illness 10:16


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