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 me…

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 co…

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…

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…

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…

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 rate…

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 abou…

The Government has repealed various smokefree measures to ensure it keeps collecting $1.2 billion a year in tobacco taxes, in order to pay for tax cuts already being delivered to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 pu…

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!…

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 portfoli…

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 t…

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 com…

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/adchoi…

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…

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…

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 a…

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…

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 n…

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…

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 …

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 y…

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…

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 along…

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 …

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 …

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 …

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, Kend…

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…

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 Jan…

Earlier this week the Reserve Bank of New Zealand proposed a new debt-to-income (DTI) ratio limit. Along with the 11-year-old loan-to-value ratio (LVR) limit, the RBNZ hopes these lending restrictions will help "limit the build-up of systemic financial risk" in our housing market. Bernard Hickey talks to Helen O’Sullivan, Valocity Global's CEO of R…

What happens when you take on your trauma with the whole world watching? Jazz Thornton joins Jane Yee for a raw and entertaining kōrero between friends that exposes the reality of turning your pain into purpose in a very public way. The young mental health advocate and social media star speaks openly about the highs and lows of sharing her life thr…

Aotearoa New Zealand is a rich and functional country, but it can’t seem to operate a safe and well-maintained water system. CEO of Water NZ Gillian Blythe tells Bernard Hickey exactly why that is, and what's needed to get our water infrastructure back on track. Learn more about your ad choices. Visit megaphone.fm/adchoices…

In the final of three summer mini episodes, Bernard Hickey a key moment from 2023 when the political economy in Aotearoa shifted on its axis in real time. Last up is the day the nation’s biggest insurer said Petone and many other low-lying suburbs around the motu would not be insurable in 30-50 years due to climate change. Learn more about your ad …

In the second of three summer mini episodes, Bernard Hickey a key moment from 2023 when the political economy in Aotearoa shifted on its axis in real time. Second up is the day the Climate Commission chair, Rod Carr, told the deniers and delayers of climate change action to get out of the way for the rest of us to take advantage of the opportunitie…

In the first of three summer mini episodes, Bernard Hickey a key moment from 2023 when the political economy in Aotearoa shifted on its axis in real time. First up is the day that Chris Hipkins declared the ‘end of story’ for a wealth or capital gains tax in New Zealand for at least the next decade. Learn more about your ad choices. Visit megaphone…

National promised their first budget would expose 'fiscal vandalism' by the previous Labour government. Now that Bernard Hickey has had a chance to rifle through the numbers, he finds minimum substance to the claims. Learn more about your ad choices. Visit megaphone.fm/adchoicesBy The Spinoff

SUPERPOD is back! Hosted by Gone By Lunchtime's Toby Manhire and featuring Jane Yee and Alex Casey from The Real Pod, Duncan Greive from The Fold, Gone By Lunchtime's Annabelle Lee-Mather, Simon Pound from Business Is Boring, Bernard Hickey from When The Facts Change and The Spinoff Podcast Network's Te Aihe Butler and Samuel Robinson, SUPERPOD 202…

2023 has seen record-high net migration after a large dip during the height of Covid. Bernard Hickey talks with Kiwibank economist Mary-Jo Vergara about the economic effects of high migration on rents, inflation, interest rates and house prices. Learn more about your ad choices. Visit megaphone.fm/adchoices…

To replace $700 million a year of revenues lost from a foreign buyers tax, the new coalition government is dumping the previous government's smoke free 2025 goal. This relaxing of policies will keep more people smoking for longer, costing thousands of lives per year and at least $10 billion is extra health costs and lost working hours. Bernard Hick…

The Reserve Bank surprised everyone this week by warning it may have to raise interest rates again to force inflation down, effectively eliminating the prospect of major mortgage rate cuts over the coming summer. Kiwibank Chief Economist Jarrod Kerr joins Bernard Hickey to dig in to the RBNZ’s unexpected hawkish outlook heading into 2024. Learn mor…

Could a South Island cherry farm set the standard for an electric future? Mike Casey from Rewiring Aotearoa joins Bernard Hickey to discuss what it took to make the switch from running his cherry farm on fossil fuels to renewable electricity. He also explains the ways in which going electric will save our homes, farms and small businesses thousands…

With cost of living forefront on people's minds, what are banks doing to alleviate pressure on the consumer? Bernard Hickey sits down with Kiwibank chief executive Steve Jurkovich to discuss how the economy is travelling, the pressures consumers are dealing with, and the regulatory adjustments he hopes to see in 2024. Learn more about your ad choic…

New fintech startup Aera says first-home buyers would need to save for an infinite number of years to secure a house deposit. Founder Derek Handley joins Bernard Hickey to discuss Aera's plan to help first-home buyers to get onto the property ladder, with a new take on the bank of mum and dad. Learn more about your ad choices. Visit megaphone.fm/ad…

After leaving the CEO position at Z Energy, Mike Bennetts became an executive coach and has just published his own book: Being Extraordinary by confronting your ordinary. Mike talks to Bernard Hickey about how leadership is different from management, and how leaders can learn from their mistakes. You can find Mike's book at: https://www.taumataadvi…

In April and June of 2023, online scammers stole $4.2 million from New Zealanders. Bernard Hickey speaks to Kiwibank senior external fraud investigator Sareta Fraser about how bank customers and banks are in an arms race against increasingly ingenious and awful scammers. She lays out the tricks and schemes used by the scammers and offers tips and t…

What makes New Zealand one of the most geographically perfect places to harness the power of Tāwhirimātea? This week, Bernard Hickey talks with Giacomo Caleffi from Copenhagen Infrastructure Partners about how the NZ Super Fund could bolster their plan to build a massive offshore wind farm off the coast of South Taranaki. They discuss why offshore …

Are we using our energy networks as efficiently as possible? Bernard Hickey interviews Octopus Energy’s UK-based head of systems change, Marcia Poletti, about innovative ways power companies can adapt their current system to better support the energy grid. Learn more about your ad choices. Visit megaphone.fm/adchoices…

All around the globe, business owners are struggling to launch, manage, and sustain their companies' increasingly necessary online presence in an impactful way. Bernard Hickey speaks to the marketing director at Smarketing Lab, Assia Salikhova, for some free consulting on how to build his podcasting empire in the social space. She explains the simp…

It turns out many offices are empty now, particularly on Mondays and Fridays, and workers aren’t there to sit at their open-plan desks. They’re there to join Zoom or Teams calls in quiet spaces, or to meet each other in conference rooms. Bernard Hickey talks to XYSense co-founder and CEO Alex Birch about how building managers, planners and bean cou…

Liam Wallis, is the founder of HIP V HYPE, a design agency in Melbourne that helped design, fund and build the first Nightingale project apartments in Melbourne’s Brunswick. These apartments are designed from the start to be carbon neutral, healthier, and cheaper places to heat. He talks to Bernard Hickey about the number of times the air changes e…