Senate debates

Thursday, 14 March 2013

Questions without Notice

Parliamentary Budget Office

2:13 pm

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

The key difference is we do not want Mr Hockey and Mr Abbott to seek to con the Australian people like they tried to do on the last occasion, when they refused to release their policies, they refused to release their costings and then after the elections, as a result of the parliament being in the position it was, their policies were actually audited in a post-election report. And what did we see? We saw an $11 billion black hole in their costings. In fact, what is very interesting is that the economic team that is currently part of the coalition frontbench—that is the one that does not appear to be able to get its position through at shadow cabinet—have actually never once got their costings right, not in the election and certainly not when they have used a catering company to do their costings. What the government is doing is ensuring that this sort of con job cannot occur again. (Time expired)

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