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Honest one sorted out exactly how things are (2,3,4)

Ross

I believe the answer is:

on the nose

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'out exactly how things are' is the definition.
I can't judge whether this defines the answer.

'honest one sorted' is the wordplay.
'sorted' indicates anagramming the letters.
'honest'+'one'='honestone'
'honestone' anagrammed gives 'ON THE NOSE'.

Can you help me to learn more?

(Other definitions for on the nose that I've seen before include "To win one" , "(In race betting) to win only" , "characteristic of glasses?" , "where might a boxer's punch land?" , "There's a bridge here" .)

I've seen this clue in the Sydney Morning Herald.
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