Total spend on scrapped ferries climbs to $670 million

The government has forked out over $144 milliion dollars in a final payment for breaking the contract with the Korean shipbuilders that were signed-up to make the Cook Strait ferry replacements. That brings the total costs for the scrapped iReX Cook Strait ferry project to $671 million according to Kiwi Rail. Minister for Rail, Winston Peters spoke to Lisa Owen.