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The Kākā by Bernard Hickey

Bernard Hickey

Bernard Hickey and friends explore Aotearoa’s political economy together. thekaka.substack.com

news politics

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9:26

Bishop wants a growth economy that isn't just a...

The Kākā by Bernard Hickey ·

2025/07/15

Briefly for all subscribers on Wednesday, July 16, the key scoops, breaking news, deep-dives, editorials, analysis and other news links in Aotearoa-NZ’s political economy around housing, poverty and climate today are:* Chris Bishop said yesterday he wanted to break the nation’s psyche and belief that the economy could only grow if rising house prices were increasing household wealth. He said that’s why he wanted to free up land and change zoning and building rules to increase housing supply, so that

3:22

Manufacturing, services & retail mired in recession

The Kākā by Bernard Hickey ·

2025/07/14

Briefly for all subscribers for at 7 am on Tuesday, July 15, the key scoops, breaking news, deep-dives, editorials, analysis and other news links in Aotearoa-NZ’s political economy around housing, poverty and climate today are:* The services sector joined the manufacturing sector in contracting in June, a new BusinessNZ-BNZ survey found yesterday. BNZ downgraded its Q2 GDP forecast to a contraction after the surveys. Stats NZ also reported yesterday another 0.2% fall in total spending with

3:38

Slash blamed in climate change-free flash-flood coverage

The Kākā by Bernard Hickey ·

2025/07/13

Briefly for all subscribers for at 6am on Monday, July 14, the key scoops, breaking news, deep-dives, editorials, analysis and other news links in Aotearoa-NZ’s political economy around housing, poverty and climate today are:* Another slash catastrophe unfolded over the weekend in the Nelson/Marlborough/Tasman region as the second ‘one-in-one-hundred-year’ flash flood in two weeks unleashed a torrent of pine forest waste, forming dams and wiping out homes and a campground. See more below in my Top

48:59

Bernard Hickey, Peter Bale, Cathrine Dyer, Jonathan...

The Kākā by Bernard Hickey ·

2025/07/10

The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts Bernard Hickey and Peter Bale talking with regular guest Cathrine Dyer about the week’s news in geopolitics and climate, along with special guests Professor Jonathan Boston from Victoria University of Wellington and Professor Wolfgang Rack from University of Canterbury.This week’s Hoon featured:* a discussion about research showing rising Southern Oceans surface salinity and declining sea ice

12:09

The RBNZ just held the OCR at 3.25%. Is that it? Does...

The Kākā by Bernard Hickey ·

2025/07/09

This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit thekaka.substack.com/subscribe

12:29

NZ economy sliding back into recession

The Kākā by Bernard Hickey ·

2025/07/07

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Tuesday, July 8:* On the eve of an expected pause in rate cuts, the Reserve Bank’s new ‘NowCast’ real-time measure of economic activity shows GDP has fallen back into recessionary territory in the last three months. See more in The Lead and Chart of the Day below the paywall fold, and hear more in the podcast above.* PM Christopher Luxon and Finance Minister Nicola Willis said through the first six months of

8:46

Willis eyes more tax from banks

The Kākā by Bernard Hickey ·

2025/07/07

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Monday, July 7:* Finance Minister Nicola Willis is considering changing the tax settings for banks in Budget 2026, possibly including an Australian-style ‘Major Bank Levy,’ the NZ Herald-$ reports this morning. See more in The Lead below the paywall fold and hear more in the podcast above.* Women in the lower North Island will have to travel to Christchurch for ovarian and cervical cancer surgeries for the

5:52

'Sleeping rough is a lifestyle choice here'

The Kākā by Bernard Hickey ·

2025/07/04

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Friday, July 4:* Police Minister Mark Mitchell says people who sleep rough in Rotorua are making ‘a lifestyle choice’ and should be moved away from shopfronts by five new beat cops — ‘for their own safety’. See more in The Lead below the paywall fold and in the podcast above.* A Salvation Army expert on homelessness, who has been to Rotorua to investigate, says there aren’t enough homes and these people, who

8:27

Act forces Willis backdown on policy costings unit

The Kākā by Bernard Hickey ·

2025/07/02

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Thursday, July 3:* Deputy PM David Seymour has forced Finance Minister Nicola Willis to back down on her plan for a long-debated policy costings unit to referee disputes over ‘fiscal black holes’ in election campaigns. Seymour says he doesn’t always trust the officials. See more in The Lead below the paywall fold and in the podcast above.* Officials warned against the creation of a new Parent Boost migrant

13:12

Behold, another Quarterly Survey of Business Delusion

The Kākā by Bernard Hickey ·

2025/07/01

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Wednesday, July 2:* The NZIER’s QSBO survey published yesterday showed businesses remain stubbornly confident about the wider economy and their own businesses, despite their own ‘experienced activity’ in the June quarter being much, much worse than they had expected just three months ago. See more in The Lead below the paywall fold and in the podcast above.* That ‘delusion gap’ between expectations for the

7:29

So many extreme weather events, but no mention of...

The Kākā by Bernard Hickey ·

2025/06/30

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Tuesday, July 1:* Extreme floods hit the top of the South Island over the weekend, unleashing a wall of media coverage on the ‘unprecedented’ scale of the disaster, but there was no coverage of modelling showing each degree of climate warming increases the intensity of weather events in the region by 10-20%. See more in The Lead below the paywall fold and in the podcast above.* Worker and employer

62:32

Peter Bale, without Bernard Hickey this week, joins...

The Kākā by Bernard Hickey ·

2025/06/26

The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-host Peter Bale talking with regular guests Robert Patman and Cathrine Dyer about the week’s news in geopolitics and climate.This week’s Hoon featured special guests:author, historian and a former colleague from Reuters, former Tehran bureau chief Jonathan Lyons;professor of international law Treasa DunworthThe Hoon’s podcast version above was recorded on Thursday night during a live webinar for over

8:01

GDP outlook slashed as fresh cost-of-living shock...

The Kākā by Bernard Hickey ·

2025/06/23

Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Tuesday, June 24:* ANZ economists have slashed their June quarter GDP growth forecast to 0.1% from 0.4% after a range of leading indicators sagged in June, and just ahead of another cost-of-living shock from an oil price surge as Iran finally attacked US bases in the Gulf states overnight. See more in The Lead below the paywall fold.* The Government hopes that higher export receipts from record high dairy

10:00

A housing supply shock in exactly the wrong direction

The Kākā by Bernard Hickey ·

2025/06/22

Morena and glad to be back online after a couple of weeks of leave. Briefly in the news from Aotearoa’s political economy around housing, poverty and climate on Monday, June 23:* Chris Bishop says he wants to unleash a housing supply shock and last week announced the Government would force councils to allow more houses if they kept saying no, adding to a swathe of repeals and reforms he has launched. But it his Government’s own ‘no’ to council requests for funds and ‘no’ to new Kāinga Ora homes that

62:40

Bernard Hickey, Peter Bale, Cathrine Dyer, Robert...

The Kākā by Bernard Hickey ·

2025/06/12

The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts Bernard Hickey and Peter Bale talking with regular guests Robert Patman and Cathrine Dyer about the week’s news in geopolitics and climate. This week’s Hoon featured special guest New Zealand freelance journalist Andrew Gunn speaking from Kyiv.The Hoon’s podcast version above was recorded on Thursday night during a live webinar for over 200 paying subscribers and was produced and edited by Simon

61:11

Peter Bale, Cathrine Dyer, Robert Patman, Jamie Shea...

The Kākā by Bernard Hickey ·

2025/06/05

The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-host Peter Bale talking with regular guests Robert Patman and Cathrine Dyer about the week’s news in geopolitics and climate. Bernard couldn’t get on because of technical issues.This week’s Hoon featured special guests Jamie Shea from Chatham House and Auckland Uni’s Treasa Dunworth.Peter mentioned this New Yorker article about Curtis Yarvin. The Hoon’s podcast version above was recorded on Thursday

9:06

One way housing supply growth is strangled

The Kākā by Bernard Hickey ·

2025/06/03

News last week that Auckland Council had confirmed plans to charge housing developers $6 billion worth of Development Contributions (DCs) over the next 30 years to partly pay for $19 billion in capital spending on parks, public transport and water infrastructure didn’t get nearly enough attention.Not because it was surprising or unusual or unexpected. It wasn’t. It’s now the standard way for councils to reduce the ‘burden’ of having to pay for at least half the infrastructure costs from population

59:13

Bernard Hickey, Peter Bale, Cathrine Dyer, Robert...

The Kākā by Bernard Hickey ·

2025/05/30

The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts Bernard Hickey & Peter Bale talking with regular guests Robert Patman and Cathrine Dyer about the week’s news in geopolitics and climate. This week’s Hoon featured special guest Janet H Anderson from the podcast Asymmetrical Haircuts, which covers international justice. Peter mentioned these two articles: * Tom Friedman: Will Israel’s War Ever End?" NYT * M Gessen: Beware: We Are Entering a New

6:38

Labour commits to same debt & surplus targets as...

The Kākā by Bernard Hickey ·

2025/05/16

The six key news items from Aotearoa’s political economy around housing, climate and poverty in the week to Saturday, May 17 were: * Labour committed to the same Government debt and surplus targets as National.* The Greens proposed an alternative budget with $88 billion of new wealth and income taxes to improve publicly-funded incomes, health and housing.* The last major independent electricity retailer was shut and taken over by the most dominant of the big four gentailers that control an

61:01

Bernard Hickey, Peter Bale, Cathrine Dyer, Robert...

The Kākā by Bernard Hickey ·

2025/05/15

The podcast above of the weekly ‘Hoon’ webinar for paying subscribers on Thursday night features co-hosts Bernard Hickey & Peter Bale talking about the week’s news with regular and special guests, including:* Cathrine Dyer on news about climate change.* Robert Patman about the latest news from Trump and others on Gaza, Kashmir, Ukraine and much more. This declaration in Dunedin was discussed.* Plus: Bernard & Peter talked with Octopus Energy NZ COO Margaret Cooney in the final quarter of the show to

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