Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

Clarity and accuracy in the costing of policies is important across the board and in relation to climate change policy. In fact, the approach the coalition take on this, where they clearly have not costed their so-called climate change policy properly, is just a subset of the reckless way in which they approach policy costings across the board. The party that brought in the Charter of Budget Honesty is now the party of budget dishonesty—budget dishonesty: a $70 billion black hole that has been confirmed. Despite all the things that they are trying to say to get out of it now, it has been confirmed by the shadow finance minister on national television—a $70 billion black hole on top of the $11 billion black hole that they had at the election. They are an opposition without any economic credibility, without any fiscal policy whatsoever.