Fonterra has cut 523 jobs as the company tries to reduce its payroll bill by up to $60 million a year. Business editor Liam Dann talks to Agriculture Editor Jamie Gray about today's announcement.

Jack Tame says you can be upset about the money spent on the process of finding a new flag but the reality is, the referendum is going to happen. The real waste would be if we don't suck it up and engage in the process.

Jack Tame says if the agreement with America holds, Iran shouldn't be able to develop a nuclear weapon for at least a decade. Barack Obama has done a tremendous job when considering the increasing rift America has with the Muslim world.

Jack Tame says it's ridiculous to think while we're living in the data generation that there's no way of knowing who is buying our houses and if our cities are being bought out from under us.

Young Guns: Rising stars of business Xero’s NZ sales director Ben Richmond talks to Holly Ryan.

With pressure on land, Auckland Council’s new study shows a “gap” in housing stock: more suburban terraced housing, townhouses and apartments are needed.

This could be the next defining moment for New Zealand. Are we doing enough to ensure it happens?

"New Zealanders have a poisonous obsession with the quarter-acre dream" - Jack Tame opens fire on the housing crisis

"From the anger and the emotion, the rage between voters on either wide - it's clear the economic consequences of this decision are only one challenge facing Greek society in the coming weeks."

Liam Dann talks Financial Markets Authority chief executive Rob Everett about how the industry is coping with new regulation and how he would like to see it respond to the issues raised by the Milford Asset Management Settlement.

See this Rocket Lab- supplied video showing its plans for a new launch pad site it wants to build at Birdling's Flat near Canterbury.

The government is politically vulnerable after announcing that some state housing may be sold to Australians. But is it a good idea?

Watch a Housing NZ-supplied video outlining its development of Daventry Street - in the Auckland suburb of Waterview.

Mike discusses the financial crisis - and financial ruin - currently facing Greece and the possibility of their exit from the Eurozone.

Watch as four new, million dollar homes are lifted into place on a Devonport site over just one weekend.

Watch this aerial view of four new, million dollar homes are lifted into place on a Devonport site over just one weekend.

Mike Hosking discusses the decision to strip Family First of charitable status, and also looks into Greenpeace and Sanitarium.

Think of global mode like this... you're at a rugby game and rather than paying for tickets, you've payed the guy who's cut a hole in the fence so you can sneak in. How is that legal?

Today on Mike's Minute - Electing people to run hospitals is ridiculously fraught.

The bosses of New Zealand's biggest companies enjoyed an average pay rise of 10 per cent last year, their biggest bump since 2010. The increase for those at the top dwarfs the 3 per cent of growth for the average wage and salary earner in the year to June 2014.

Today on Mike's Minute - Americans have their heads in the sand over free trade.

Today on Mike's Minute - Forget about housing - the wider economy needed that rate cut.

In Germany near Leipzig, 120 electric i-cars a day are rolling off BMW's production line to meet hot demand around the world. Video supplied by BMW.

Boeing’s expert crew rehearse the 787-9 Dreamliner flying display that will be performed at the 2015 Paris Air Show. Source: Boeing/Youtube

The Reserve Bank cut the benchmark rate a quarter-point and signalled more may be on the way as the dairy sector's weak outlook weighed on the nation's terms of trade and threatened to delay an increase in inflation from its near-zero level. New Zealand Herald's Economics Editor, Brian Fallow, analyses the decision. The New Zealand dollar tumbled. Governor Graeme Wheeler lowered the official cash rate to 3.25 percent, in a closely watched decision where markets were largely split on whether he would cut rates now or later, saying a more pronounced slump in export prices than expected and the prospect of waning consumer demand on increasing petrol prices threatened to keep a lid on already low inflation.

The Reserve Bank has this morning cut the benchmark rate a quarter-point and signalled more may be on the way as the dairy sector's weak outlook weighed on the nation's terms of trade and threatened to delay an increase in inflation from its near-zero level. The New Zealand dollar dropped almost a cent.

Today on Mike's Minute: It's not as simple as forcing landlords to insulate homes.

Apple declared war on Spotify, Tidal and Pandora, as it unveiled its new music streaming service. Apple Music, available to users of iPhones and iPads on June 30 in 100 countries, includes a radio station with personalized playlists and a choice from millions of songs on demand. Tim Cook described Apple's new service as "the next chapter in music". It will include Beats 1, a 24-hour radio station featuring Kiwi DJ and former Radio 1 presenter Zane Lowe. The company is billing it as "all the ways you love music in one place". Source: Apple/Youtube

Kiwifruit exporter Zespri has just announced a marketing partnership with McDonald's in Mexico. For this month, every children's 'Happy Meal' sold will contain a kiwifruit.

Today on Mike's Minute - Is mental health the wrong place to start with social bonds?