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6 Jul 2025 13:49
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  •   Home > News > Business

    The Prime Minister's placed the blame for the loss of a multi-million dollar satellite, squarely at the feet of the previous government

    The Prime Minister's placed the blame for the loss of a multi-million dollar satellite, squarely at the feet of the previous government

    4 July 2025
    The satellite, which was used to analyse data and weather patterns, cost Kiwi taxpayers 29-million-dollars has been lost in space after veering off course.

    Chris Luxon is distancing himself and his Government from the problem.

    He says funding the satellite was a decision of the previous Labour Government and he expects the Ministry of Business, Innovation and Employment to respond to the issue.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
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     05 Jul: A surge in new car sales - on the back of a tough couple of years for the market
     05 Jul: An independent report on the Northland Expressway, is sowing doubt over the project's future
     05 Jul: AI could soon be worth billions of dollars a year to New Zealand
     04 Jul: Indonesia to sign $52.3b trade pact with US in effort to avoid higher tariffs
     04 Jul: Bad weather in the Tasman District has negatively affected spending - but also brought a a spike in sales of particular items
     Top Stories

    RUGBY RUGBY
    Scott Robertson is praising the impact of the All Blacks' four debutants in their scratchy 31-27 win over France in Dunedin More...


    BUSINESS BUSINESS
    Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland More...



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