Wayne Swan (Lilley, Australian Labor Party, Treasurer) Share this | Hansard source

I do not accept the very premise of the question. The only hole around here is the $70 billion hole in their budget bottom line, which the shadow Treasurer admitted to on breakfast television, right beside the minister for the environment. He was sitting there and saying there was a $70 billion crater in the budget bottom line. As I said yesterday, if he is so concerned about financing, he can duck around to the Parliamentary Budget Office—it is not as far as Aussies; he could get there pretty quickly—and get all of his costings in. He has also told us that he has got them all done. He said that a few weeks ago. Every single one of their costings is done.

The fact is that we will produce a mid-year budget update and a budget next year. The big question is: are they going to do a Campbell Newman and keep their plan hidden prior to the election? The only way to be sure that that is not going to happen is for them to submit their fully costed policies, they claim, to the Parliamentary Budget Office. Of course, they are not doing that.

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