Government spends nearly $500 million on new navy shipSupplied The South Korean-built naval tanker will be "ice-strengthened" and "winterised". A new naval tanker has cost taxpayers almost $500 million but won't get here until 2020. The new tanker is part of the Governments $20 billion investment plan in defence force capability announced last month. READ MORE:* Government unveils $20b defence plan for new planes, boats and cyber security* Defence Force could spend $600m on two new planes* Did cyclone Pam make a case for C17s? Supplied The new Navy vessel will be able to carry helicopters, fuel and bulk goods for New Zealand operations.

Source: Stuff July 17, 2016 23:54 UTC