When the Facts Change

Around the world, countries are seeing Covid-19 vaccination rates plateauing at around 50-60% – and it's hurting them badly. So how will we get our Covid-19 vaccination rates up to the 80%-90% required for herd immunity? In this episode, Bernard Hickey explains how we can nudge our way to that target using behavioural economics and behavioural finance to get there. To find out more, he speaks to Māori health advocate Rawiri McKree Jansen and vaccinologist Helen Petousis-Harris. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Zealand's electricity market isn't working to produce enough renewable power to get to carbon zero by 2050 – but maybe there’s a solution in solar power and batteries in everyone’s homes. In this episode, Bernard Hickey explores an idea for how the government could shake up the electricity sector and return the big taxpayer-built power schemes to public ownership. Guests: Flick Electric Co CEO Steve O’Connor and Eric Pyle, the director of public affairs and policy at solarZero. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the last 30 years, a generation of voters and politicians made a decision to stop investing in infrastructure – it’s expensive, and it means you can’t cut taxes or keep rates low. Now we’re seeing the collective catastrophe of this underinvestment landing on our heads in the form of labour shortages and massive housing affordability problems. In this episode, Bernard Hickey reveals an intergenerational wealth transfer worth $1 trillion, and how it could be atoned for and reversed – if only to ensure the culprits can enjoy watching their grandchildren grow up healthy, warm and in person. Guests: Ockham Residential founder Mark Todd and Stephen Sutorius, owner of Thames Pacific. Learn more about your ad choices. Visit megaphone.fm/adchoices

In last week’s episode, Bernard Hickey talked about how he had given up hope for affordable housing. This week, he talks to some people who still have hope to hear their ideas on how to solve New Zealand’s housing crisis. Kay Saville-Smith is a longtime researcher and policy advisor on housing who still believes there are ways through – in fact, she’s more hopeful now than she has been for years. And Ronji Tanielu sees the real-world impact of the housing crisis as a policy analyst and advisor for the Salvation Army, but still has plenty of ideas and hope for change. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this month's bonus episode, The Spinoff’s business editor Michael Andrew is joined by Ranjit Jayanandhan, general manager of Kiwibank’s foundation tech experience hub. As the person leading Kiwibank’s digital innovation journey, Ranjit has a unique perspective into how banking and fintech will change in New Zealand and the increasing role technology plays in the customer experience. Learn more about your ad choices. Visit megaphone.fm/adchoices

For a growing number of Wellingtonians, the dream of owning a home in the city is all but dead. And it's the same story in other parts of the country too – successive governments have sat on their hands afraid that doing anything to create more housing might drive down prices, and as a result median rents and house prices have skyrocketed out of reach. To find out more about the costs of this housing inaction and if Wellington's Spatial Plan can change anything, Bernard talks to Ashok Jacob from Renters United, Alison Anitawaru Cole from Victoria University, director of the Growing Up in New Zealand study Susan Morton and Kiwibank senior economist Jeremy Couchman. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Climate Change Commission report released last week made it clear that we need to start building new houses that are warmer, drier and produce less carbon. Not only that, we need to retrofit all the houses we’ve already built. How do we do this, and how are we going to finance it? To find out more, Bernard talks to healthy housing expert Philippa Howden-Chapman and Kiwibank head of sustainability Julia Jackson. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Bernard Hickey takes a deep dive into the new Climate Commission report and finds an unrealistic and inadequate prescription to get to carbon zero. To find out more, he speaks to asset manager Paul Winton about how reconfiguring motorways for cycling, walking and buses could be quicker and more effective than building new rail networks, and associate professor Sara Walton from the University of Otago business school explains how insurers and banks are being pushed to force businesses to reduce their emissions and plan for a lower-carbon future.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever thought about what money really is, and what it might look like in the future? With central banks now considering launching digital currencies to take on the rise of big tech and cryptocurrency, our currency systems could be in for some big changes – so who should we trust to create and run the digital currency or currencies that will define the world’s financial and economic landscapes for decades to come? To find out more, Bernard Hickey speaks with Dave Corbett, CEO of New Zealand fintech company P^werFinance, and Chris Berg, co-director and co-founder of the RMIT Blockchain Innovation Hub in Australia. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve been hearing the phrase “social insurance” a lot since the government released the 2021 budget last week. It’s an idea designed to deal with unemployment we’re going to see a lot more of in the years to come, but it also brings up issues of inequality and fairness. Would introducing unemployment insurance just help embed a two-tier system in which the rich stay rich and the poor stay poor? To find out how it could work in practice, Bernard Hickey speaks to Kirk Hope from BusinessNZ and NZCTU president Richard Wagstaff. Learn more about your ad choices. Visit megaphone.fm/adchoices