Fiscal policy, on the other hand, is the stuff that the Government does. Basically, it's what the Government spends money on; where, what, and how much it taxes; and the amount of debt that it is willing to take on. These two tools, wielded, on the one hand, by the Government, and, the other hand, by the Reserve Bank, aren't used in isolation of each other. Each impacts the effectiveness of the other and they both have different consequences, again as a reflected in this 2022 Investment Statement.