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Further to reply 30345 (2026), what is the current forecast cost at completion for the Cook Strait ferry replacement programme against the budget approved by Cabinet, expressed as a dollar variance, if any?

Answered Question 32007 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Further to reply 30345 (2026), what is the current forecast cost at completion for the Cook Strait ferry replacement programme against the budget approved by Cabinet, expressed as a dollar variance, if any?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

$1.704 billion is the current taxpayer budget for our contribution to the programme. This gives a variance of $0.000 billion against the budget approved by Cabinet. As a mathematical equation: $1.704 billion minus $1.704 billion equals $0.000 billion.