What is the total cost to the Crown of the cancellation and wind-down of Project iReX as at 30 June 2026, and does this figure differ from the $671 million reported by KiwiRail in August 2025; if so, why?

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Tangi Utikere

Member for Palmerston North · Labour Party

Question

What is the total cost to the Crown of the cancellation and wind-down of Project iReX as at 30 June 2026, and does this figure differ from the $671 million reported by KiwiRail in August 2025; if so, why?

For answer by

Winston Peters

List MP · NZ First · Minister for Rail

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