Is the Kiwi dream to own a "McMansion", a "shoebox" or something else entirely? Bernard talks with The Urban Advisory’s MD Greer O’Donnell about a major new survey of what type of homes we actually want. She says it may not be the quarter acre "pavlova paradise" still assumed by many voters and politicians when they’re deciding on what should be be built and where. If you'd like to take part in The Urban Advisory's housing survey, click here Learn more about your ad choices. Visit megaphone.fm/a...
Jun 20, 2024•32 min
Bernard revisits the most revolutionary era in our political economy in conversation with Toby Manhire. Together they discuss how much the Labour Government of 1984 to 1989, portrayed in The Spinoff's new hit podcast series Juggernaut, created our modern economy, for good and ill. Listen to Juggernaut here Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jun 18, 2024•40 min
We thought you might like a wee taster of our brand new #1 series, Juggernaut: The Story of the Fourth Labour Government, hosted by Toby Manhire. Click here to follow Juggernaut so you get every episode as soon as it's released! 1. I love you, Mr Lange Fuelled by brandy and fury, Sir Rob Muldoon calls a snap election, sparking a 1984 campaign of contrasts – the menacing, protectionist National PM against the fresh, upbeat Labour leader, David Lange. The pretext for the election is the decision b...
Jun 18, 2024•57 min
Reserve Bank Chief Economist Paul Conway joins Bernard in the immediate aftermath of a surprisingly hawkish monetary policy statement, and just before the Budget. Together they discuss sources of inflation, why interest rates are staying high for longer than anyone expected, and whether the blunt instrument of the official cash rate can do anything about this extra-sticky inflation. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jun 13, 2024•34 min
Bernard Hickey goes deep into the mechanics of the electricity distribution system to find out what really happened during a cold snap in May that almost caused a national energy crisis. He talks to Electric Kiwi CEO Luke Blincoe about how to solve the dry winter and cold snap problem without spending billions of dollars on new generation and lines. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 06, 2024•32 min
Nicola Willis has delivered tax cuts in her first budget, largely as promised. But has the coalition government managed to square the circle of relieving cost of living pressures while avoiding the quicksand of encouraging inflation? In a special crossover episode of Gone By Lunchtime meets When the Facts Change, Toby Manhire quizzes Bernard Hickey on all that, plus: Is Willis right to say the tax cuts are not paid for by borrowing, and can she reasonably blame Labour for the bleak fiscal outloo...
May 30, 2024•26 min
The Reserve Bank warned this week of high interest rates and high inflation for even longer, with sticky rental, rates and insurance inflation all partly to blame. Kiwibank chief economist Jarrod Kerr joins Bernard Hickey to discuss the how blunt our central bank's main monetary policy tool can be, and the developing opinion that high interest rates actually increase, rather than decrease, the inflation. Learn more about your ad choices. Visit megaphone.fm/adchoices...
May 23, 2024•27 min
The Redclyffe substation near Napier flooded during Cyclone Gabrielle and turning it off turned off the power for much of Hawkes Bay and Tairāwhiti. Transpower has fixed it for now, but has faced a big decision: should it rebuild it where it is now, next to a stream? Or start again on higher ground? The choice tells us a lot about how to think about our climate future. Bernard Hickey talks about that decision with Transpower’s executive general manager grid delivery, Mark Ryall. Learn more about...
May 16, 2024•30 min
The Government has repealed various smokefree measures to ensure it keeps collecting $1.2 billion a year in tobacco taxes, in order to pay for tax cuts already being delivered to landlords. But an economic analysis done by Otago University's public health department has found keeping the smokefree measures would have been of benefit not only for public health, but also for the economy. The university's Professor Nick Wilson joins Bernard to discuss the fascinating figures resulting from that res...
May 09, 2024•35 min
The Spinoff has just launched a brand new series called Behind the Story, where site editor Madeleine Chapman sits down with a staff writer or contributor to gain more insight about a big story on The Spinoff from the week. We thought you might like to check out the first episode, and if you enjoy it please follow it wherever you get your podcasts! On Friday, Bulletin editor Anna Rawhiti-Connell sent her final newsletter, and took the opportunity to share what she’s learned about the news over t...
May 03, 2024•22 min
Bernard Hickey talks with property academic Deborah Levy about her research into the changes in the way bach owners feel about their holiday homes. Where once the bach was the centrepiece of 'the kiwi dream’, a place for friends and families to gather, relax and create memories, they have now become a financialised asset to be added to the portfolio of the increasingly wealthy few. What's behind this change? What insights can this research give into the rest of our dysfunctional national propert...
May 02, 2024•34 min
The Reserve Bank wants to know how the public feels about a potential new type of digital cash. This digital currency would be exchangeable one-for-one with ‘old’ forms of bank-issued electronic money and ye olde paper cash and metal coins, but would not outright replace the physical stuff. RBNZ’s Head of Money and Cash Ian Woolford joins Bernard to discuss what’s different with this new digital cash, what problems it could solve and how it might open up a whole new front in bank competition. Le...
Apr 25, 2024•29 min
Kiwibank chief economist Jarrod Kerr joins Bernard to discuss and dissect the trajectory of inflation and interest rates, both here in Aotearoa and around the globe. Inflation is stickier than expected and interest rates are likely to stay higher for longer, but what does that mean for the kiwi dollar? How do US Fed chair Jerome Powell's recent comments affect us? And what is going on with the price of gold? Learn more about your ad choices. Visit megaphone.fm/adchoices...
Apr 18, 2024•31 min
Kiwibank economist Sabrina Delgado joins Bernard to discuss the ways inflation affects various groups in Aotearoa. From homeowners and renters to beneficiaries and pensioners, they explore how inflation impacts everyone differently, and reveal who is being hit hardest by the current spike. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 11, 2024•21 min
Auckland Airport wants to put up its landing charges to help pay for a multibillion dollar revamp of its terminals. Its biggest customer, Air NZ, is complaining that the airport is over-charging. So who is right? What is fair? And what happens when two effective monopolies butt heads? Bernard Hickey talks to Auckland Airport CEO Carrie Hurihanganui about the dispute, how the Commerce Commission factors in, and what the airport is planning to mitigate its long-term impact on the changing climate....
Apr 04, 2024•40 min
The evidence is clear: it's good for our pockets and for the planet, so what's stopping families and businesses from going electric? How do we address the electrification knowledge gap and other barriers that stand in the way of adopting cleaner, more affordable energy both as individuals and organisations? Bernard Hickey talks to Rewiring Aotearoa CEO Mike Casey about their recent report 'Electric Homes', and how NZ is one of the first countries to reach the "electrification tipping point". Lea...
Mar 28, 2024•40 min
With the majority of Aotearoa struggling to meet basic needs, philanthropic funding is more important than ever. Cheryl Spain, executive director of The Gift Trust, joins Bernard Hickey to explain why philanthropic giving needs to become part of New Zealand culture, where funding should be directed within an organisation for maximum effectiveness and how to navigate the complications that come with financial giving. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Mar 21, 2024•31 min
In a special edition of When The Facts Change, Bernard Hickey talks with The Spinoff’s Wellington editor Joel MacManus about the historic victory for YIMBYs in last week’s District Plan votes by the Wellington City Council. Who knew that town planning could be so important? Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 17, 2024•29 min
Transpower is taking a new approach to handling the massive increase in demand for electricity. Instead of building bigger power pylons (and a lot more of them), they want to reduce demand for electricity in the first place. Bernard Hickey is joined by Transpower’s John Clarke to discuss the state-owned power transmission company's recent RFP for non-transmission solutions; novel ideas such as buying demand reduction through virtual grids and batteries. And ground zero for their electrical innov...
Mar 14, 2024•29 min
Kiwibank chief executive Steve Jurkovich joins Bernard Hickey to discuss how businesses and consumers are feeling early in 2024, why an RBNZ rate hike last week would not have helped and how banks are thinking about the challenges of climate risk and cybersecurity. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 07, 2024•32 min
Te Pūtea Matua governor Adrian Orr joins Bernard to discuss the bank’s decision to hold the official cash rate at 5.5%, rather than hiking it further in an attempt to control rampant inflation (which is still roughly double where the RBNZ wants it). Listen in to hear the governor's reasoning behind the cash rate hold, his thoughts on New Zealand's record net migration and whether the government's decision to remove the bank's inflation/unemployment dual mandate earlier in the year has made any m...
Feb 29, 2024•29 min
World-class athlete Sarah Hirini has spent nearly a decade as captain of the national women’s sevens team. Through the course of her career she’s clocked up Olympic gold and silver medals, a couple of Rugby World Cup wins and in 2019 was made a member of the New Zealand Order of Merit. She was also winner of the NZ Sports Leadership award at last year’s Halberg Awards. There’s no doubt Sarah is truly inspirational, but what sets her apart is her leadership style – nuanced, caring, and focused on...
Feb 25, 2024•39 min
Christopher Luxon has described Aotearoa’s government finances as fragile, but the most qualified folks in financial markets don’t see it that way. Bernard Hickey talks to S&P Global’s government ratings director Anthony Walker about just how fragile our government and local council finances actually are. According to Anthony, NZ’s AAA rating means international investors view NZ as a strong borrower with $120 billion worth of borrowing headroom to solve its infrastructure deficits. Yet the ...
Feb 22, 2024•39 min
At just 22 years old, Nico Porteous is one of New Zealand's most accomplished athletes. He first made his mark on Aotearoa sporting history at 16 when he became our youngest Olympic medalist, claiming bronze in the men's freeski halfpipe. In 2022 he soared even higher in Beijing, clinching an Olympic gold to add to his two X Games gold medals alongside being made a member of the New Zealand Order of Merit. Nico's accolades speak volumes, but beyond the medals there’s a depth of character and wis...
Feb 18, 2024•52 min
After releasing a paper earlier this week outlining her policy recommendations for the government, retirement commissioner Jane Wrightson joins Bernard Hickey to discuss the complex challenge of superannuation in Aotearoa. Why should the age of eligibility stay at 65? Which demographics would be adversely affected by a decision to raise it? And is it a problem that approximately 50,000 pensioners collect NZ Super while earning over $100,000 a year? Learn more about your ad choices. Visit megapho...
Feb 15, 2024•32 min
In sharing daily dad life with his social media following of nearly two million, Louis Davis challenges fatherhood stereotypes by being meaningfully present for his family. Join Louis as he sits down with Jane Yee and, through genuine humour and heartfelt anecdotes, offers an alternative narrative about the role and responsibilities of fathers. As he shares his wisdom on the beauty of whānau, the joys of parenthood and the importance of integrity, Louis' story serves as a poignant reminder of li...
Feb 11, 2024•44 min
In order to limit global warming to 1.5ºC, and avoid the catastrophic effects brought on by further warming, every person on the planet must limit their personal carbon dioxide emissions to just two tonnes per year. The current annual emissions average for someone living in New Zealand? Over eight. Writer, consultant and climate justice campaigner Emily Mabin Sutton joins Bernard Hickey to help figure out how we can get our own carbon emissions under control. Learn more about your ad choices. Vi...
Feb 08, 2024•27 min
Kendall Flutey is on a mission to help create a better future for kids all over the world. As the founder of financial literacy software Banqer, Kendall is focusing her ambition for good in a bid to empower the next generation towards a future of financial wellbeing. Combining unbridled passion, a generous spirit and tenacious business acumen, Kendall is a force to be reckoned with in the entrepreneurial space. She joins Jane Yee to discuss what it means to be intentional in all areas of life an...
Feb 04, 2024•42 min
How do you measure the cost of the Auckland Anniversary floods and Cyclone Gabrielle? A year on from these catastrophic weather events, NZIER economist Roshen Kulwant joins Bernard Hickey to discuss which costs we're measuring, what we’ve learnt and what still needs to be done. Learn more about your ad choices. Visit megaphone.fm/adchoices
Feb 01, 2024•26 min
Te Aorere Pēwhairangi is a dynamic content creator dedicated to making te reo and te ao Māori accessible. After a promising rugby league career was cut short by injury, Te Aorere moved into translation work which led to TV presenting roles and a dedicated following on social media where he connects with hundreds of thousands. Te Aorere talks to Jane about his commitment to his people, including his campaign ‘Waewae the 35’ that raised $115,000 for Cyclone Gabrielle-stricken communities. Recently...
Jan 28, 2024•42 min
