10 episodes

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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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 value of investing in health and happiness

    The value of investing in health and happiness

    How does a government work out the best way to spend money to maximise not just GDP but the long-term health and happiness of its population? This is something our government is trying to do, or says it’s trying to do – but when it comes to the wellbeing side of the equation, is it doing a good enough job? 
    In this episode, Bernard Hickey talks to Girol Karacaoglu, head of the school of government at Victoria University and one of the architects of the way New Zealand analyses happiness. He then talks to Susan St John, an economist at the University of Auckland’s business school who has an interesting take on what we should be spending our money on.
    When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.
     
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    What will the Reserve Bank’s decisions mean for house prices?

    What will the Reserve Bank’s decisions mean for house prices?

    Imagine if the value of your house doubled overnight. Could that actually happen? In this week’s episode, Bernard Hickey explains how it could – and how the Reserve Bank and government are doing things in the next couple of weeks to make sure it doesn’t. To find out more about how banks, lending and the housing market all operate, Bernard talks to Carmen Vicelich, CEO of Valocity Global. She knows exactly how banks decide who to lend to, when to lend to them and how much the property under the loan is worth. He then asks Kiwibank chief economist Jarrod Kerr what type of restrictions the Reserve Bank could apply in the coming weeks, and just how landlords are reacting to the government’s big changes announced last month. Spoiler alert: they’re not rushing for the exits. 


    When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.
     
    See acast.com/privacy for privacy and opt-out information.

    New Zealand’s temporary migration scandal

    New Zealand’s temporary migration scandal

    A new report on temporary migration in New Zealand suggests the current settings are letting down migrants and contributing to a low wage, low productivity and low wellbeing society. To find out more, in this episode Bernard talks to Julie Fry, the economist who wrote the report, and asks Anu Kaloti from the Migrant Workers’ Association about the scale of temporary migrant exploitation in New Zealand and what needs to change. Because right now, we’re not exactly living up to our image as a kind country.


    When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.
     
    See acast.com/privacy for privacy and opt-out information.

    The real fight for climate and housing action is at council level

    The real fight for climate and housing action is at council level

    You may think the big decisions around housing affordability and climate change are being made in the Beehive, and that these are national policies. But in this week’s episode, Bernard suggests these issues are actually manifesting in a series of house-to-house and street-by-street fights at council level. To find out more, he speaks to Tamatha Paul from the Wellington City Council and Auckland city councillor Efeso Collins about how young renters and activists wanting higher density housing and more pedestrian and cycling friendly transport routes will have to fight the battle of their lives in next year’s local elections.


    When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.
     
    See acast.com/privacy for privacy and opt-out information.

    Bonus episode: Shannon Te Huia, Kiwibank Local Hero of the Year

    Bonus episode: Shannon Te Huia, Kiwibank Local Hero of the Year

    For the last 12 years, Kiwibank has supported the Local Hero Award, acknowledging the people making a difference to New Zealand communities. In this bonus episode of When the Facts Change, The Spinoff’s business editor Michael Andrew talks with Shannon Te Huia, the 2021 Kiwibank Local Hero of the Year. 


    Shannon established Pūniu River Care in 2015, a marae-based initiative designed to improve water quality and biodiversity by planting trees along the banks of the Pūniu river in the Waikato. He talks about where the idea came from, how he grew it into a viable project and what the award means to him and means for the project.


    Read more: https://thespinoff.co.nz/business/01-04-2021/kaitiakitanga-in-action-how-one-man-saved-his-awa/


    When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.
     
    See acast.com/privacy for privacy and opt-out information.

    Global capitalism’s 'doom loop' and how to stop it

    Global capitalism’s 'doom loop' and how to stop it

    This week we’re talking about global capitalism, and how it's in danger of destroying itself from the inside out. The concept is known as a “doom loop”: as the economy grows, those who own all the assets get more and more, those who don’t get poorer and poorer, and as a result growth slows as the machine grinds to a halt. And the key to stopping this doom loop lies in addressing inequality and productivity. To explore this idea and how it affects New Zealand, Bernard Hickey talks to the Productivity Commission's Ganesh Nana and Council of Trade Unions economist Craig Renney.


    When the Facts Change is brought to you by The Spinoff Podcast Network together with Kiwibank.
     
    See acast.com/privacy for privacy and opt-out information.

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