Early Edition with Kate Hawkesby

Well that was confusing. When Nicola Willis blew up Kiwirail’s plan for new ferries she promised a better plan, and yesterday we got that plan.  They're going to form a new company to buy some ferries. No news about which ferries and what format they’re in.  Nothing about what’s happening portside. There was also an invitation to private industry to come up with a better solution.  So no new ferries, no new ports, no ships ordered, and no idea that private industry already provides a service, that is Bluebridge.  It was an announcement of an announcement, which we already lampooned the last government with.  It was ideological. It was government spending and this government doesn’t like that so they cancelled it without thinking about the long term consequences.  It was not based on business practice, or financial logic.  It was not on brand and it’s harming reputationally.  Put this in business terms, they broke a contract for ships that was a good deal. Okay, maybe yo