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
51
Will we see a rate cut from the Reserve Bank th...
Kiwibank economist Sabrina Delgado joins Bernard to examine the latest forecast indicating that the RBNZ will delay a long-awaited OCR cut until 2025, and why her team at Kiwibank think the cut will come much sooner.
19 min
52
A decade in charge of the national power grid
Retiring CEO of Transpower Alison Andrew joins Bernard to reflect on a decade at the helm of the state-owned power grid operator.
21 min
53
What kind of homes do we actually want?
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 new survey of what type of homes we actually want.
28 min
54
Bonus episode: When the most facts changed the ...
Toby Manhire joins Bernard to 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.
37 min
55
Listen Now: episode one of Juggernaut – I Love ...
The Spinoff is proud to present Juggernaut: The Story of the Fourth Labour Government, hosted by Toby Manhire. Listen to episode one now and follow the series wherever you get your podcasts.
54 min
56
Why is the Reserve Bank continuing to hold the ...
RBNZ Chief economist Paul Conway joins Bernard to explain why it continues to hold the OCR at 5.5% and if this approach can make an impact on sticky inflation.
30 min
57
How a cold snap almost caused an national energ...
Electric Kiwi CEO Luke Blincoe joins Bernard to unravel how the electricity market works, the faults in that market that put us at risk of nationwide blackouts, and how we can improve things as the weather gets colder.
28 min
58
Budget day special
Budget 2024 has arrived and, as expected, there is plenty to unpack. To help make sense of the fiscal furore, Bernard is joined by Gone By Lunchtime's Toby Manhire in a special Spinoff crossover episode.
22 min
59
An interest rate bludgeoning
The Reserve Bank has released its May monetary policy statement and, as usual, Bernard has plenty to say about it. He is joined by Kiwibank chief economist Jarrod Kerr to interpret our central bank's decisions and how they will affect Aotearoa going forward.
23 min
60
Floods knocked out Redclyffe, so why rebuild on...
Flood damage from Cyclone Gabrielle means Redclyffe substation needs to be rebuilt. Transpower's Mark Ryall joins Bernard to discuss the curious decision to rebuild on the same flood-prone site.
26 min
61
How many lives is that tax cut worth?
New research reveals the repeal of smokefree measures is not only bad for our health, but also the economy.
31 min
62
Introducing Behind the Story: If you love a dog...
A new series from The Spinoff. Join site editor Madeleine Chapman as she sits down with a staff writer or contributor to gain more insight about a big story on The Spinoff from the week.
19 min
63
The unreachable dream of the kiwi bach
Property academic Deborah Levy joins Bernard to discuss how the concept of the kiwi bach, once the centrepiece of 'the kiwi dream', has been commodified, commercialised and priced way out of reach for the average NZ family.
30 min
64
The meaning of digital cash
What is "digital cash" and how could it make our lives better? The RBNZ's Ian Woolford joins Bernard to explain how our central bank is thinking of improving economic resilience, increasing consumer payment options and supporting innovation.
25 min
65
The week the economic mood shifted
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.
27 min
66
Who is being hit hardest by inflation?
Kiwibank economist Sabrina Delgado joins Bernard to discuss the ways inflation affects various groups in Aotearoa and who is being hit hardest by the current spike.
17 min
67
When monopolies clash
Auckland Airport CEO Carrie Hurihanganui joins Bernard to discuss the airport's ongoing corporate stoush with Air NZ over a planned multibillion dollar airport redevelopment.
36 min
68
How do we get over the electrification tipping ...
Rewiring Aotearoa CEO Mike Casey joins Bernard to discuss the energy, economic, and emissions opportunities of electrifying New Zealand’s homes and cars.
36 min
69
Should philanthropic giving be a moral obligation?
Cheryl Spain of The Gift Trust joins Bernard to explain why philanthropic giving needs to be be part of our culture and where funding should be directed within organisations for maximum effectiveness.
28 min
70
A battle won in the War for Wellington
Joel MacManus, The Spinoff's Wellington editor, joins Bernard to discuss the extraordinary outcome from last week's climactic City Council meeting, and what it means for the future of housing in our capital city.
25 min
71
Navigating the rising tide of electricity demand
Transpower's John Clarke joins Bernard to discuss the need for innovative non-transmission solutions to help manage the growing load on New Zealand's electrical networks.
25 min
72
When caution reigns
Kiwibank chief executive Steve Jurkovich joins Bernard Hickey to discuss how businesses and consumers are feeling and how banks are thinking about the challenges of climate risk and cybersecurity.
28 min
73
To hike, or not to hike? Unpacking the monetary...
RBNZ governor Adrian Orr joins Bernard to discuss the rationale behind keeping NZ's official cash rate at 5.5%.
25 min
74
This is Kiwi: Sarah Hirini on growth and leader...
While you wait for the next episode of When the Facts Change, join Jane Yee as she talks to Sarah Hirini about leadership, growth and empowering others. This episode was recorded in November, 2023.
36 min
75
The real reason our government won't borrow to ...
S&P Global's Anthony Walker joins Bernard to explain why NZ appeals so much to international investors, and why our coalition government is saying otherwise.
35 min