* The last Labour Government oversaw KiwiRail’s iRex ferry procurement project, in which costs ballooned.
* National Finance Minister Nicola Willis announced in December that she was cancelling the iRex ferry procurement project.
* A report has just been delivered to the government on options for the ferry procurement project.
* The grounding of the Aratere Interisland ferry over the weekend has reignited concerns about when new ferries will arrive and whether they will be fit for purpose.
