Senate debates Questions without Notice

Budget


Mathias Cormann

Mathias Cormann WA, Liberal Party, Minister for Finance

2:05 pm

We know that the Labor Party is into 10-year costings to hide their budget black holes over the short term. In an attempt to hide their budget black holes over the short term—we know that the Labor Party has a $20-billion black hole in their costings on the tobacco excise. We have costed this measure consistent with the usual practice and the usual approach under the Charter of Budget Honesty. The cost over the four-year estimate is $2.7 billion— (Time expired)

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