Larry Williams Drive

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. This lot have now pushed it out three times and changed the definition of surplus. Not only have we moved the goalposts, we've lowered them, too. Next year's deficit is almost $14 billion, that's $1.8 billion worse than they thought it would be in May. We're not back in black till 2030 now, instead of 2029. That's what happens when you borrow a bunch of money you have to pay back and then fail to grow your way out of it. Basically, Grant Robertson went and bought a brand new lambo on the credit card and then when he buggered off, we got Nicola who promised she'd get us some more work to pay for the debt so we wouldn't go broke.  But that extra work hasn't quite happened yet - so here we are. The good news is - it is coming, they tell us. More than 3 percent next year. In theory. All going to plan. And W