The future of the project will now be decided by the government following September's general election. So it's dead for now and whether it will be resurrected or not is anyone's guess.
The reasons for the termination are murky.
One theory is that New Zealand First stopped it. Doing their tail wagging the dog trick again to prove that they haven't been subsumed by the Labour Party. It's happened before this election year. It's a good trick for both New Zealand First and Labour.
At the end of the day Labour needs New Zealand First to get through the September election because it's a fool who hasn't realised yet that governance in New Zealand is dependent on coalitions and coalition partners. That means getting votes from your supporters.
The other theory is that consensus on the two competing tenders can't be found. One plan is the original plan from the NZTA. The other is the Johnny-come-lately bid called NZ Infra which is made up of the Super Fund and a Canadian pension fund. This is Twyford's preference. The fact he couldn't get that across the line is another slap in the face for the Minister.
But all the complicated stuff doesn't really matter. It's the broken promises and the failure to deliver.
With KiwiBuild he promised 100,000 houses in 10 years. At the rate they went at KiwiBuild would take over 400 years to reach that target. It's a massive fail.
But in September three years ago, he also promised that the Light Rail would be built from the Auckland CBD to Mount Roskill by 2021, which is just next year.
Chris Bishop from National was livid. "After three years of work, millions of dollars to consultants and lawyers and policy advice, back and forth, we have no route, no consent, no business case, we have no plan, we have no estimate of the cost."
It's a massive fail. And it infuriates me because we all told Twyford he was dreaming with his goals from Day 1.
Shane Jones saying he could spend $3 billion in three years and then yesterday coming on the show moaning that he couldn't because things take time infuriated me too.
I'm sick of these politicians making grand promises that we can all see are completely unachievable.
Thinking we believe them means two things. They're either deluded and incompetent. Or they think we're all stupid and we'll never notice. It's probably a bit of both.