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Do the capital contributions to KiwiRail Limited of $12.948 million to 30 June 2026 and $22.904 million forecast for 2026/27, disclosed in Ferry Holdings Limited's Statement of Performance Expectations 2026/27, count against the $1.7 billion funding envelope, and if so under which component?

Answered Question 33724 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Do the capital contributions to KiwiRail Limited of $12.948 million to 30 June 2026 and $22.904 million forecast for 2026/27, disclosed in Ferry Holdings Limited's Statement of Performance Expectations 2026/27, count against the $1.7 billion funding envelope, and if so under which component?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

Yes. They count against “All Picton works” and “All Wellington works” to specific assets which KiwiRail will be the end owner