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Speaker 1: Well, of course you heard it here first last Monday.

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Speaker 1: Pretty much the surplus has been pushed out again. It's

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Speaker 1: like waiting for Christmas when you're ten years old. You

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Speaker 1: know how long December feels like when you are ten

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Speaker 1: years old and eternity, And that's what it's like waiting

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Speaker 1: for this surplus to come. This lot of now pushed

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Speaker 1: it out three times and changed the definition of surplus.

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Speaker 1: Not only have we moved the goalposts, we've also loaded them.

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Speaker 1: Next year's deficit is almost fourteen billion dollars. That's one

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Speaker 1: point eight billion worse than they thought it would be

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Speaker 1: back in May. We're not back into the black until

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Speaker 1: twenty thirty now instead of twenty twenty nine. And that's

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Speaker 1: what happens when you borrow a bunch of money that

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Speaker 1: you have to pay back and then you fail to

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Speaker 1: grow your way out of it. Basically, Grant Robertson went

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Speaker 1: out there with our credit card and bought a brand

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Speaker 1: new Lambeau and then bug it off. We got Nikola in.

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Speaker 1: She's promising. She has promised to get us some more

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Speaker 1: work to pay for the debt, so we won't go broke.

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Speaker 1: That extra work hasn't quite happened yet, so here we are.

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Speaker 1: The good news is that it is coming. They tell

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Speaker 1: us more than three percent next year in theory, all

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Speaker 1: going to plan, and Willis is promising to get the

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Speaker 1: surplus back by twenty twenty nine, even if the books

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Speaker 1: don't quite show that yet. I think this is enough

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Speaker 1: to get them reelected. Yes, it's bad, and I'll get

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Speaker 1: some bad headlines today, but enough to get them re elected,

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Speaker 1: providing no surprises from Winston because people know what the

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Speaker 1: alternative is, and that's more debt on ghost visits to

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Speaker 1: the doctor for billionaires who don't need it. With GPS

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Speaker 1: we don't have. Yes, they could please hooton sl and

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Speaker 1: slash spending. I'd be here for a bit of that,

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Speaker 1: But this is MMP. They are unashamedly a centrist party

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Speaker 1: that needs to win the center, and winning the center

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Speaker 1: means not spooking the horses, which is what massive cuts

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Speaker 1: would achieve. So another fiscal result we were mostly expecting,

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Speaker 1: telling us what we mostly knew was coming. Like the

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Speaker 1: last two of the year, though the pre Christmas treat

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Speaker 1: for Luxen and Co. Is the growth is coming on

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Speaker 1: stream finally in theory in an election year.

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Speaker 2: For more from Hither Duplessy Allen Drive. Listen live to

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Speaker 2: news talks. It'd be from four pm weekdays, or follow

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Speaker 2: the podcast on iHeartRadio