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.
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 sheâs learned about the news over two years of curating it for thousands of New Zealanders. Earlier in the week, sheâd seen reports of Auckland dog owners discarding their petsâ turds on the ground after Auckland Council removed bins across the city.
And so, the column âIf you love a dog, you must also love disposing of its shitâ was born. Anna joins Madeleine Chapman to talk about the power journalists have when framing a story and how to find the middle ground between boring and sensational.
For The Spinoff editorâs thoughts on the week that was, as well as a handpicked collection of the weekâs best reads, subscribe to The Weekend with Madeleine Chapman newsletter at thespinoff.co.nz/newslettersÂ
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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 dreamâ, 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 property market? Listen in to find out.
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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 âoldâ forms of bank-issued electronic money and ye olde paper cash and metal coins, but would not outright replace the physical stuff. RBNZâs Head of Money and Cash Ian Woolford joins Bernard to discuss whatâs different with this new digital cash, what problems it could solve and how it might open up a whole new front in bank competition.
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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?
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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.
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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.
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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".
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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.Â
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In a special edition of When The Facts Change, Bernard Hickey talks with The Spinoffâs Wellington editor Joel MacManus about the historic victory for YIMBYs in last weekâs District Plan votes by the Wellington City Council. Who knew that town planning could be so important?
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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 Transpowerâs 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 innovations? Te Waipounamu, the South Island.
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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.
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