House debates Bills
Parliamentary Service Amendment (Parliamentary Budget Officer) Bill 2011; Consideration in Detail
David Bradbury Lindsay, Australian Labor Party, Parliamentary Secretary to the Treasurer
8:43 pm
They love the notion of being able to shop around for an opinion that suits. We saw what they did in the last election—the $11 billion black hole that we all got left with; the black hole that only got exposed when the Independents had their policies independently costed by the Treasury. What did they do beforehand? They had a private accounting firm not cost but audit their policies. The member for North Sydney came forward and said, 'Oh no, this is properly costed.' Later on I remember Mr Lochnane had to come out and say, 'It wasn't really costed.'
Opposition members interjecting—
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