

When the Facts Change
The Spinoff
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. When the Facts Change is currently on hiatus and is open for sponsorship. For more details, contact bec@thespinoff.co.nz
Episodes
Mentioned books

Sep 15, 2022 • 45min
So who 'owns' the car parks?
The great battle for walkable cities that prioritise cyclists and pedestrians over cars has only just begun. In this battle, Waka Kotahi is a key player in deciding how this battle plays out. In this week's episode, Bernard Hickey talks to Waka Kotahi's urban mobile manager Kathryn King to find out how mode shift might be allowed, or made to happen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 8, 2022 • 39min
Economics 101 for housing supply
Bernard Hickey dives deep into the demand and supply factors behind our endemic housing shortages with Kiwibank economist Jeremy Couchman, including what they might mean for house prices. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 4, 2022 • 44min
What Adrian Orr just learned about the global economy
The Reserve Bank Governor has just returned from the hottest and most important annual get together of central bankers at Jackson Hole in Wyoming. He found a bunch of Governors hunkered down and under attack because inflation blew past their targets this year. He talks exclusively to Bernard Hickey about what has changed permanently in the workings of the global economy that is slowing growth and increasing inflation, and why we should care here in Aotearoa. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 1, 2022 • 41min
Two epic tax fails
Revenue Minister David Parker steered the government into a political minefield this week with his extension of GST to all KiwiSaver fees that was gone by lunchtime within a day. Bernard Hickey talks with tax expert and historian Terry Baucher about why this epic fail pales in comparison to another from 33 years ago when Labour’s David Caygill failed to introduce a Capital Gains Tax to match our ‘perfect’ GST and income tax systems. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 25, 2022 • 41min
The finger of blame for high house prices
The "official" economists in Wellington went hunting for the true culprit behind Aotearoa’s house prices and rents being the most expensive in the world – but perhaps the biggest culprit is the government itself. With Wellington gaslighting the councils, now the finger of blame may be turning back in its direction. In this week's episode, Bernard Hickey talks to Hamilton mayor Paula Southgate about the funding infrastructure and challenges, as well as why not enough land was opened up, to then be sold. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 18, 2022 • 34min
Aotearoa's future of low battery anxiety
Electricity is something we can't live without at this stage in global growth – but with expensive renewable supply, how do users and the industry match the demand? In this week's episode, Bernard Hickey speaks with Octopus Energy's Margaret Cooney about possible solutions to shift away from expensive peaks, and how an obscure law change might unleash a surge of retail competition, all in the hopes of calming our collective low battery anxiety. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 11, 2022 • 47min
Is your property a climate change hot potato?
If climate change projections make their way to Land Information Memorandums, owners of coastal properties may find themselves struggling to stay afloat long before waves start lapping at their door. Vulnerable properties will become uninsurable causing banks to withhold lending – suddenly passing on that slice of hot potato paradise will be near impossible. This week James Shaw joins Bernard Hickey to talk about the real meaning of climate change adaptation and who's responsible for funding infrastructure that will mitigate the effects of climate change. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 4, 2022 • 32min
Finally, more women in construction
With unemployment now having climbed to 3.3% within the industry, builders are now crying out for workers. With this ascent and historically driven as a mostly male-dominated field, they’re getting serious about hiring the other half of the population. Bernard Hickey talks with Kiwibank economist Mary Jo Vergara about a surprise rise in employment growth for women in construction. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 28, 2022 • 41min
Could full transparency solve our pay equity problems?
Imagine living in a society where details about everyone’s earnings and taxes are publicly available. With a gender pay gap of just 4%, Norway has operated under this system of pay transparency since the 1800s and some argue it’s time for a similar approach in Aotearoa. Join Bernard Hickey as he talks to AUT Professor Gail Pacheco, who heads the NZ Work Research Institute, about whether pay transparency is the answer to help address our pay equity gaps for women, Māori and Pasifika. Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 21, 2022 • 46min
The reality of free fares
Half-price bus and train fares are good, but wouldn’t completely free fares be even better? Bernard Hickey talks to transport and urban planning academic Jen McArthur about the economics and the politics of free public transport. He even discovers some positives that make the idea more attractive to the usual opponents. Learn more about your ad choices. Visit megaphone.fm/adchoices