Peters pledges to revoke ACT's Regulatory Standards Bill

The coalition is in the throes of internal warfare - with Winston Peters and David Seymour slinging barbs over the Regulatory Standards Bill. In a stunning about-face today, Mr Peters has pledged to revoke that law - ACT's brainchild - next term - despite voting it through last week. It has prompted an extraordinary rebuke from David Seymour - who says Mr Peters looks like he's gearing up to jump ship to a Labour coalition. Acting political editor Craig McCulloch spoke to Lisa Owen.