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As the economy stumbles, it is vital that reporting on what is happening stays comprehensive, open and free. We need our Supporters now more than ever. If you can support us you can go ad-free too

Personal Finance / opinion
As the economy stumbles, it is vital that reporting on what is happening stays comprehensive, open and free. We need our Supporters now more than ever. If you can support us you can go ad-free too
Support us

It is again time for me to ask for your support. (If you already support us, thank you. This message is not for you.)

Each week more than 120,000 readers join you at interest.co.nz for our reporting, expert analysis, thoughtful commentary, podcasts and videos, content that connects our readers to our economy and the world we live in.

A key part of this work is made possible by reader support.

Yes, we still take advertising, but direct reader support is vital for what we do. Which is why we are appealing again for your support (if you are not already doing so).

 

Your support matters

Less than one in 20 readers financially support us. We need this to be higher so we can hold on to the independent ethic we have built.

Our content is free for all readers and we want to keep it that way. We don't use paywalls, or hide our content behind expensive email subscriptions. For readers who don't support us, the cost of reading like that is the ads you see.

But there is a way to way to read us ad-free, one available only to supporters.

We have a growing team and a growing number of research projects, none of which are being done for commercial purposes, and all of which are about informing you about the New Zealand economy and key financial developments.

And that is why we need your support.

We work for you, so being supported by you makes sense to me.

You know us - what we do and the resources we make available to everyone. None of this is inexpensive. But we are keen to keep almost everything free.

We know most readers appreciate the open access, but only a tiny fraction financially support us. We need you to join that exclusive group.

We are asking you to join our band of readers who know this is worthwhile: holding banks, insurers, the real estate industry, politicians and regulators to account with coverage that isn't constrained by 'sponsorships' or large advertisers, nor funded by government journalism subsidies. 

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Finally, thank you for your readership. Can you go one better and become a supporter?

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13 Comments

Has interest been better or worse off with the change to an open comment section? I find I visit much less and have been put off commenting with the lack of diverse contributors.

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5

I'd be interested to know that too. I've just doubled my contribution because I really value this website. Have to admit it was more engaging when commenting was open to all.

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2

I also asked that question a few weeks ago, acknowledging that it's a private business. 

While the level of overall commentary has dropped off, its also clear that the previous endemic political trolls & personal abuse of people who don't share others world views has now diminished to negligible levels.

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11

I agree. Sometimes there's not enough comments nowadays, but it's usually more polite. I think we just need more sign-ups 

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0

I have been a paying supporter for some years and backed the move to restrict comments to those who pay, but now I am less certain. many decent articles attract very few comments.

I value the site and want it to continue, but if the move has not resulted in a significant rise in the number of paying contributors, perhaps it should revert to the previous policy. An alternative strategy might be to restrict the articles which can be accessed by non-contributors.

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4

Yesterday a reader emailed me, also wondering if the transition has backfired. This is how I responded:

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Thanks for the feedback Alex.

But we won't be returning to the open-slather style of commenting.

Many people have said they miss the old style. But for us the new way is more sustainable.

We used to get between 150 and 600 comments per day. Because they were post-moderated, the load on the team to stay on top of them from a liability point of view was just too much. It compromised our ability to research and write. The legal obligation to not publish defamatory content is real. We missed a few, and got tied up in legal/admin reviews that were energy spent generated by abusers of the open system. We don't want to be drawn back into that vortex.

Now we get about +/-75 comments per day. It is far more manageable.

Further, we haven't seen a fall-off in readership since the change. So the commercial basis of operating the site is unchanged. It's always been challenging, but no more so since we limited comments to Supporters. The readers (25,000 to 35,000 most weekdays) are still there.

We don't think the change has backfired.

If you don't wish to be a supporter, shifting comments to Reddit is a good idea. And US-based Reddit ignores NZ laws, so they allow a free-for-all, any defamation permitted. They have a twisted idea of free speech in my view - no care and no responsibility, where people who don't know what they are talking about can say the most irresponsible things. I don't want interest.co.nz to slip back into that [mode].

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15

Good to know that, thanks for your considered response & best wishes for the future of this forum.

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8

There's a forum for the kind of comments and commenters that cause problems: the toxic dumpster fire that is social media, and best for all parties here that they stay there.

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2

I guess it's a shame that so many of those that commented regularly & used the site often, were so stingy that they wouldn't pay...it's often the way unfortuantley. 

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3

Good to hear you feel overall it worked out better.  

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1

I have seen less edits in the comments - must be a lot easier.

 

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3

When we lost TTP, this likely cleared up XD

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Keep up the good work David et al, the Interest.co.nz subscription is worth the money to me. I find, more often than not, that most mainstream news is drivel to say the least, sewing opinion pieces and with no objectivity. This is why I come here, for knowledge, for reasoned articles without heavy bias, and reasoned and rational discussion to learn, laugh and grow.

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