1The political future of former Labour Party cabinet minister, Shane Jones, is in doubt after he admitted charging pornographic movies to the taxpayer. Jones is describing the revelations as his 'day of great shame'. He is not the only Labour MP in the gun, following the release of seven years' worth of minsterial credit card spending today.

2Bruce Thorpe, a staunch Labour supporter who has helped with campaigns for Shane Jones, says today's revelations are bad news for the MP. Shane Jones explains that the expenses in question should never have gone on his ministerial credit card.

3Political Editor Brent Edwards offers analysis of today's ministerial credit card spending revelations.

4It's bad news today for a third of homeowners who are on floating mortgage rates. The Reserve Bank has hiked the official cash rate for the first time in three years, and banks are expected to bump mortgage rates up in response.

5Infometrics senior economist Gareth Kiernan offers analysis of the official cash rate rise.

6Business News

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8The Reserve Bank governor Alan Bollard today did exactly what was expected nudging the official cash rate from its historic low of 2.5% to 2.75%. It is the first increase for three years and farmers, business groups and union leaders are worried it could derail the patchy economic recovery.

9The United Nations Security Council has approved a set of new sanctions against Iran. All of the permanent members approved the new restrictions, including Russia, China, the United States, Great Britain and France. Iran's neighbour, Lebannon, abstained from the vote, while Brazil and Turkey voted against the restrictions, saying it undermined diplomatic solutions.

10A government advisory group says new teachers should have a postgraduate qualification, according to a discussion document just released which outlines proposals for improving the status and professionalism of teaching.

11The High Court jury in the trial of the two men charged with murdering Sergeant Don Wilkinson has retired for the night after less than four hours of deliberations. The Crown alleges that John Skinner and Ian Clegg embarked on a homicidal mission when they discovered Wilkinson and another undercover policeman trying to install a tracking device on Mr Skinner's car, while the defence says the shooting was an act of self defence.

12Waatea News

13The Environment Minister, Nick Smith, wants air quality standards to be relaxed, describing them as unfair and unrealistic. At the moment, certain monitored areas called 'air sheds' have until 2013 to drop their pollution levels so they don't exceed the national standard more than once a year. Smith has released a proposal recommending that the standard can be breached up to three times a year, and that it will only be enforced from 2018 to give businesses time to adapt.

14A massive explosion has ripped through a wedding party in Afghanistan's southern Kandahar province, killing at least 40 people and injuring more than 70.

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16The political future of former Labour Party cabinet minister, Shane Jones, is in doubt - after he admitted charging pornographic movies to the taxpayer.

17The political future of former Labour Party cabinet minister, Shane Jones, is in doubt - after he admitted charging pornographic movies to the taxpayer.

18Former Labour Government Minister Chris Carter has sent off a cheque today for just over 250 dollars to cover movies, birthday flowers for his partner and a spa for one of his staff at a hotel in China.

19Exporters' worst nightmares were confirmed today when the Official Cash Rate was lifted for the first time in three years.

20Iran has issued a defiant response to the UN resolution for stronger sanctions, saying it will not halt its nuclear enrichment programme.

21Iran has issued a defiant response to the UN resolution for stronger sanctions, saying it will not halt its nuclear enrichment programme.

22Business News

23Environmentalists want New Zealand to follow Norway's lead and put a moratorium on new oil exploration drilling until the disaster in the Gulf of Mexico has been fully investigated.

24The head of Treasury has told MPs it's been trying to find out why there's public opposition to selling state-owned assets.

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26South Korea has arrested a two-star general on charges of leaking the country's entire war plan to North Korea.

27Twelve foreigners whose arrest led to two tonnes of cocaine being seized in the Gambia have appeared in court.

28Hundreds of residents in southern Poland have been evacuated from their homes after a second wave of flooding hit the area.

29Staff at Auckland Zoo have delicately replaced the cast of a Northland Brown Kiwi which suffered extensive injuries to its foot after being struck by a car.

30Waatea News

31US President Barack Obama says living conditions in the Gaza strip are unsustainable.

32More than fifty Iraqi nationals have been deported back home from four European countries.

33Representatives from more than thirty countries are in Moscow for talks on how to stem the flow of heroin from Afghanistan.

34There's been a dramatic increase in the number of labour activists being murdered around the world.

35A recap on the story of the day - the use and abuse of ministerial credit cards when Labour MPs were Ministers.