
Going up after digging down
Billions has been spent on the construction of Auckland’s City Rail Link, largely at the cost of taxpayers and ratepayers. The current Auckland council zoning rules, however, prevent the building of high-rise residential

Hosted by The Spinoff · 🇺🇸 US · EN · 253 episodes
Established thought leaders with verified media credentials.
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
The Spinoff hosts When the Facts Change, a news show with 253 episodes published.

Billions has been spent on the construction of Auckland’s City Rail Link, largely at the cost of taxpayers and ratepayers. The current Auckland council zoning rules, however, prevent the building of high-rise residential

The Reserve Bank gets another chance to cut interest rates next week. So far 2025 has seen the RBNZ make three consecutive cuts to the official cash rate, which was widely expected by economists up and down the country.

Many bosses now want their workers back in the office full time, but for a while in the immediate aftermath of Covid, workers had the power to demand the flexibility to stay home. Now the jobs market has sagged, the bala

It’s no secret that Aotearoa is facing a range of monumental infrastructure challenges — much has been made lately of the state of our water pipes, ferries, railways and roads. Successive generations of decision makers h

‘Abundance’ is the hottest word in the political economy right now all around the world. A book by Derek Thompson and Ezra Klein called ‘Abundance: How we build a better future’ argues the centre-left should adopt urbani

The Reserve Bank cut the Official Cash Rate this week, as expected, but one of the six members of the bank’s rate setting committee voted to hold the OCR. That surprised markets and pushed up the wholesale interest rates

In the year of growth, Nicola Willis has presented a growth budget. But does the Investment Boost initiative, which speeds up depreciation for businesses, promise the kind of growth that the economy needs? In this specia

Fresh off a pre-Budget speech that took aim at the recent changes to pay equity, Labour Party leader Chris Hipkins joins Bernard Hickey to discuss the government’s plans to cut $4.4 billion of spending over the next four

In 2010, the NZ Green Building Council introduced the Homestar sustainability certification, a framework that aims to allow designers, architects and builders to build better, more environmentally friendly, energy effici

This week, Bernard Hickey dives into the psychology of the housing market and talks to realestate.co.nz CEO Sarah Wood about why so many home sellers are holding on and simply not selling, rather than lowering their pric

More than half of consumer spending is dominated one way or another by a collection of monopolies, duopolies and quadropolies that generate higher prices and profits than would be normal if there was true and tough compe

Bernard Hickey talks to the co-founders of Christchurch-based AI start-up, Contented. Lucy Pink and Hannah Hardy-Jones tell their story from meeting over coffee and jam, to working with US news publishers to turn live-st

Donald Trump’s bigger-and-stupider-than-expected tariffs have upended the global trading system and are threatening to create a new financial crisis. Bernard Hickey talks with Kiwibank chief economist Jarrod Kerr about t

If New Zealand’s economy was a grass paddock, it would be in pretty rough shape. We’re coming out of a pretty bad drought (economic recession) and there’s widespread political disagreement about how to get our worn-out f

For 30 years, a little-known number in government circles has quietly stymied investment for future generations. Set by Treasury, the ‘discount rate’ was once set at 10%, and it meant future benefits and costs were heavi

Bernard Hickey chews the monetary policy fat with returning guest Reserve Bank chief economist Paul Conway. Was inflation targeting (a policy framework first introduced in Aotearoa 35 years ago) actually our greatest inv

This week we dive deep into the worlds of AI, defence technology businesses and the great technological arms race between China and the US. Bernard is joined by Sean Gourley, a New Zealander who founded US-based tech suc

Adrian Orr resigned as Reserve Bank Governor this week after 7 years in the job, but three years early, effective immediately and without explanation. Bernard Hickey talks in an emergency edition of When The Facts Change

Even as New Zealand’s economy was in the depths of a recession, the Reserve Bank kept a firm grip on monetary policy, only easing up in mid-2024. This week, Bernard Hickey sits down with Kiwibank chief economist Jarrod K

Described by The Spinoff’s Duncan Greive as “the most important figure in New Zealand technology you’ve never hear of”, Rowan Simpson has had a guiding hand in Aotearoa’s most successful tech companies. His new book “How
Nick Leggett
Infrastructure NZ chief executive · Infrastructure NZ
1 appearance on this show
Chris Hipkins
Labour Party leader · Labour
1 appearance on this show
Brad Olsen
retirement-active investor and advisor in international real estate · HongKongJimm
1 appearance on this show
Sarah Wood
VP & GM of Emerging Solutions · Allegiance Heating & Air Conditioning
1 appearance on this show
Jarrod Kerr
Chief Economist · Kiwibank
5 appearances on this show
Paul Conway
Reserve Bank Chief Economist · Reserve Bank
1 appearance on this show
Oliver Hartwich
Executive Director · New Zealand Initiative
1 appearance on this show
Nicola Willis
Incoming Social Investment Minister · New Zealand Government
1 appearance on this show
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When the Facts Change is hosted by The Spinoff. The show is categorised under news and has published 253 episodes.
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