What are they replacing it with for emergency towing etc?
Politics 🗳️ NZ Politics
- Thread starter wizard of Tauranga
- Start date
NZWarriors.com
- Thread starter
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Cutting through the politics on both sides, it’s hard to avoid the conclusion that Labour would likely have changed or stopped the project as well if they’d stayed in Government. The budget had blown out from $775 million to nearly $4 billion, with KiwiRail itself warning ministers that costs could continue to rise.
By November 2023, Treasury was openly flagging major risks. They noted the project’s NPV was significantly negative, meaning the financial case had effectively collapsed. Treasury advised ministers to seriously consider alternative options, because the project was no longer commercially viable without massive Crown support. In plain terms, Treasury was not supporting the idea of continuing with the project in its existing form.
Labour repeatedly criticised KiwiRail too:
To defend the project as it stood is to suggest that critics know better than Treasury’s analysts and the ministers who were already expressing concern. It was a mess — one Treasury was uncomfortable with, and one Labour was clearly preparing to walk away from.
Only those down left wing rabbit holes ignore all this…
Can supply sources but you can search it all yourself and those that followed it all, know this all to be true.
By November 2023, Treasury was openly flagging major risks. They noted the project’s NPV was significantly negative, meaning the financial case had effectively collapsed. Treasury advised ministers to seriously consider alternative options, because the project was no longer commercially viable without massive Crown support. In plain terms, Treasury was not supporting the idea of continuing with the project in its existing form.
Labour repeatedly criticised KiwiRail too:
- Chris Hipkins said Cabinet was “not fully informed early enough” about the scale of the seismic and infrastructure issues.
- Labour MPs said KiwiRail had mismanaged key parts of the project.
- They stated KiwiRail’s internal project governance was weak and not up to the standard expected for a multi-billion-dollar programme.
To defend the project as it stood is to suggest that critics know better than Treasury’s analysts and the ministers who were already expressing concern. It was a mess — one Treasury was uncomfortable with, and one Labour was clearly preparing to walk away from.
Only those down left wing rabbit holes ignore all this…
Can supply sources but you can search it all yourself and those that followed it all, know this all to be true.
While I agree with a lot of what you say there's a shitload of very expensive and safety orientated extras that have been neglected.
NZWarriors.com
I think Grant would have just kept the printing press running
No announcement yet. This is probably something that has been considered unimportant
NZWarriors.com
As I posted earlier this agreement is under consideration to be scrapped early in the NY.
Snorkels and flippers then John, women and children first
Unfortunately Bishop has reported plans to cancel the contract in February rather than later in June
He has also reportedly said that when the new ferries arrive we will have no need for a recovery tug because the ships will be new. So was the Titanic in
NZWarriors.com
These are Chinese ones though, not your cheap British junk
Strangely Korea used to have the best reputation for building ships but are slowly being overtaken by China.
