When the Facts Change

Hosted by journalist Bernard Hickey, When the Facts Change is your essential weekly guide to the intersection of economics, business and politics in Aotearoa New Zealand. Presented by The Spinoff together with Kiwibank.


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Business News
Politics
1
Dissension in the RBNZ ranks
Kiwibank Senior Economist Mary Jo Vergara joins Bernard Hickey to unpack this week’s monetary policy statement, and to look ahead at an uncertain future for rates in Aotearoa.
21 min
2
Budget special: When The Facts Change x Gone By...
Toby Manhire and Bernard Hickey come together for a special Spinoff podcast episode for budget day.
27 min
3
Let the Budget battles commence
Labour leader Chris Hipkins joins Bernard Hickey to discuss the coalition government’s approach to spending, the importance of infrastructure investment and how a future Labour government might do things differently.
30 min
4
Warmer, drier - and cheaper in the long run
Infometrics CEO Brad Olsen joins Bernard Hickey to discuss how the NZ Green Building Council’s Homestar scheme is making homeownership better for the planet and for the back pocket.
23 min
5
Housing market psychology 101
Bernard Hickey talks to realestate.co.nz CEO Sarah Wood about the psychology of the housing market. This week, Bernard Hickey dives into the psychology of the housing market and talks to realestate.co.nz CEO Sarah Wood about why so many home sellers are holding on and simply not selling, rather than lowering their price to “meet the market” and “clear the market” in a way other markets do when there’s too much supply and not enough demand.
23 min
6
How do we create the ‘2degrees Effect’ for supe...
Bernard Hickey talks to Monopoly Watch spokesman and one of the founders of 2degrees, Tex Edwards, about how to create the “2degrees Effect” for supermarkets, banking and electricity.
33 min
7
An AI-powered startup
Contented co-founders Lucy Pink and Hannah Hardy-Jones join Bernard Hickey to talk about their AI start-up and how they started working with US news publishers.
28 min
8
The global aftermath of Trump’s ‘Liberation Day’
Kiwibank chief economist Jarrod Kerr joins Bernard Hickey to discuss the global chaos caused by Trump's 'Liberation Day', and what might happen next.
32 min
9
The green shoots and brown roots of our economy
Kiwibank economist Sabrina Delgado joins Bernard Hickey to discuss the sectors that are thriving, and the ones that aren’t, as our economy recovers post-recession.
22 min
10
Planting the trees we’ll never sit under
Arthur Grimes, senior fellow at Motu Research, joins Bernard Hickey to discuss a big shift to discount rates that could make big infrastructure projects much more viable in the future.
25 min
11
New Zealand’s greatest invention: a monetary po...
RBNZ chief economist Paul Conway returns to When the Facts Change to chew the monetary policy fat, including a look at quantitative easing, the state of inflation and the RBNZ’s relationship with the government.
37 min
12
A handy Primer for the global AI economy
Sean Gourley, founder and CEO of US-based AI company Primer, joins Bernard Hickey to discuss the role Aotearoa can play in the development of AI, defence technology and the geopolitical contest between China and the United States.
33 min
13
Shock and Orr
In an emergency edition of When The Facts Change, Bernard Hickey talks with NZ Initiative executive director Oliver Hartwich and Kiwibank chief economist Jarrod Kerr about Adrian Orr’s surprise resignation.
31 min
14
Mortgage rates, braking and accelerating
Kiwibank chief economist Jarrod Kerr joins Bernard Hickey to discuss whether the Reserve Bank should be speeding up its response to the economy rather than just easing off.
26 min
15
The startup savant behind Trade Me and Xero
Founder, investor and now author Rowan Simpson joins Bernard Hickey to discuss the startup close calls and near misses that led to his new book.
34 min
16
‘Show me the money’: What Kiwi are buying this ...
Kiwibank senior economist Mary Jo Vergara joins Bernard Hickey to sift through the latest spending data for insights on how Kiwi used their money over the summer.
22 min
17
Rising tides and sinking boats
Journalist and researcher Max Rashbrooke joins Bernard Hickey to discuss recent inequality trends in Aotearoa, and how we could use Kiwisaver to jumpstart the wealth of every New Zealander.
17 min
18
How do we measure the value of social investment?
ImpactLab CEO Maria English joins Bernard Hickey to discuss the economics of social investment, and how the company uses data to quantify positive change.
30 min
19
Is 2025 the year to thrive?
Kiwibank economist Sabrina Delgado joins Bernard Hickey for a gaze into to the economic year ahead.
17 min
20
What austerity actually means
Disability rights lawyer Huhana Hickey joins Bernard for an in-depth look at what impending government spending cuts mean for people with disabilities, hospitals and carers.
19 min
21
A fast track to cronyism?
In a special summer mini-episode of When the Facts Change, Bernard appraises the new Fast-track Approvals Bill, as well as an impassioned response to the bill by Labour MP Arena Williams.
7 min
22
“Tariffs are beautiful. They’ll make us rich”
In a special summer mini-episode of When the Facts Change, Bernard looks forward to how Donald Trump’s re-election will affect economies around the world.
5 min
23
It’s darkest before the dawn
In a special summer mini-episode of When the Facts Change, Bernard reflects on how Adrian Orr and the RBNZ managed the official cash rate.
6 min
24
What’s on Aotearoa’s shopping list?
Kiwibank senior economist Mary Jo Vergara joins Bernard Hickey to discuss the latest retail spending data from Kiwibank, and what we can learn about how Kiwi are spending their money.
21 min
25
Inside Wellington’s homeless crisis
Wellington City Missioner Murray Edridge joins Bernard Hickey to discuss the scale of the housing crisis.
31 min