With interest rates up once again, there are calls from the opposition and business for the government to lower spending, while experts say that's not the true culprit for rising inflation. 

Today the Breakfast Wrap hears from a former policy advisor to the Prime Minister's office, as well as both sides of the political fence. 

Then, NSW Police Commissioner Mal Lanyon has extended controversial restrictions on public assembly for another fortnight quoting "significant risk to community safety". That period takes in a four-day visit from Israeli President Isaac Herzog who arrives on Sunday. 

The NSW Opposition shares its perspective.