New Zealand authorities have seized more than $500 million worth of cocaine floating in the middle of the Pacific Ocean, in the nations largest drug bust in history.

NZ police believe the drugs were destined for Australia as the hefty amount could satisfy the Australian market for one full year.

“81 bales of cocaine was found… it’s unbelievable,” Millsy said on 6PR Breakfast.

Press PLAY to hear more details behind the drug bust