EPISODE · Jun 16, 2026 · 25 MIN
Why New Zealand Should Buy Back the BNZ, with Dr. David Wilson
In this episode of The People's Podcast, Bernadette is joined once again by Dr. David Wilson for a wide-ranging conversation about New Zealand's economic future. They dig into New Zealand First's proposal to buy back the Bank of New Zealand, what economic sovereignty actually means, and why other small nations have built enormous wealth while we sold ours off.David explains how an oligopolistic banking sector siphons billions in profit offshore every year, what the Reserve Bank admitted about our mortgage rates, and how Norway turned its resources into a 1.7 trillion dollar sovereign wealth fund with the same population as ours. The conversation moves through the Singapore comparison, the electricity gentailer model and why generators are incentivised to push prices up, and finishes on why our renewable energy could become the country's greatest competitive advantage.A frank but optimistic look at ownership, resilience, and what it would take for New Zealand to stand on its own two feet again.
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Why New Zealand Should Buy Back the BNZ, with Dr. David Wilson
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