Perspective with Ryan Bridge: Another fiscal result telling us what we already know

Well, of course you heard it here first last Monday - the surplus has been pushed out again.

It's like waiting for Christmas when you're a ten-year-old, the whole month of December feels like an eternity.

Michael Reddell: Reading the MPS numbers thinking about the fiscal situation

The Reserve Bank doesn’t do independent fiscal forecasts so there is no news in the fiscal numbers in today’s Monetary Policy Statement themselves. The last official Treasury forecasts don’t take account of whatever the government is planning in next week’s Budget, and as the Bank notes they will need to update their assessment in light of whatever the spending and tax plans prove to be.