Joe Hockey claims Treasury figures not credible

Joe Hockey claims Treasury figures not credible

Shadow Treasurer Joe Hockey says the Coalition will not be relying on Treasury’s independent budget figures, to develop its policy costings.

Treasurer Chris Bowen is currently preparing the pre-election fiscal outlook, based on Treasury’s figures, which will be released 10 days in to the election campaign.

In an article in the Australian Financial Review today, Mr Hockey says the whole process of the pre-election outlook has become a sham, and any economic figures cannot be trusted.

The government says a weaker terms-of-trade has effected the budget outlook, but Mr Hockey says the government always find a way to blame someone else for its problems.

But Mr Bowen has accused Mr Hockey of being a hypocrite.

He says just two months ago, Mr Hockey said the ONLY figures he would trust were those provided in the pre-election forecast, and today he’s trashing its credibility.

About author

Libby Dreyer
Libby Dreyer 1729 posts

Libby has worked as a Senior Journalist at National Radio News since February 2011. She graduated with a Bachelor of Journalism from the University of Canberra in December 2010.

View all posts by this author →

You might also like

National 0 Comments

Parliament to apologise over Craig Thomson

Tony Abbott will today call on Parliament to apologise to members of the Health Services Union, for being defamed by Craig Thomson.

National 0 Comments

Penny Wong says gay marriage in Australia is inevitable

Finance Minister Penny Wong says same-sex marriage will eventually occur in Australia, even if the current legislation is voted down in the Senate.

National 0 Comments

CLP to rule in the Territory

The Country Labor Party has claimed victory in the Northern Territory elections.

National 0 Comments

Gold Coast policeman shot in the face during robbery

A Queensland police officer has been shot in the face, during a response to an armed robbery on the Gold Coast in Queensland.

0 Comments

No Comments Yet!

You can be first to comment this post!