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5 Jul 2025 14:48
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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
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     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
     04 Jul: Central Otago's Cardona Hotel is on the market for the first time in more than a decade
     Top Stories

    RUGBY RUGBY
    Former All Blacks lock Ian Jones is miffed a depleted French team will face New Zealand in Dunedin tonight More...

    BUSINESS BUSINESS
    The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales More...


     Today's News

    		 Entertainment:
    Sean 'Diddy' Combs has been accused of a new instance of sexual assault 14:36

     Environment:
    The wet weather's on its way out - but it's taking its time in some parts of the country 14:07

     Motoring:
    Kiwi driver Liam Lawson is trying to keep a lid on his expectations heading into tomorrow morning's qualifying for the British Formula One Grand Prix  14:07

     International:
    Tibetans find hope — and uncertainty — as the Dalai Lama turns 90 14:07

     Health & Safety:
    A new 12.7 million dollar investment in two new CT scanners, is expected to improve diagnostic services across Palmerston North 14:07

     Entertainment:
    Keith Urban appeared to abruptly end an interview after being asked a personal question about his wife Nicole Kidman's intimate career moments 14:06

     Business:
    The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales 13:47

     Entertainment:
    Marion 'Suge' Knight claims a group of Tupac Shakur's closest friends and family smoked his cremated ashes in a blunt 13:36

     Living & Travel:
    Air New Zealand says low cloud conditions some impacted regional flights between Queenstown and Christchurch, and Timaru and Wellington this morning 13:27

     Netball:
    The physicality of netball's ANZ Premiership is in the spotlight after Whitney Souness was ruled out of this afternoon's match-up in Wellington 13:07

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