Opposition denies budget hole

Opposition denies budget hole

The Federal Opposition has rejected an independent analysis of election costings, which shows a $30 billion hole in the Coalition’s budget.

Chief Economist from the Bank of America, Saul Eslake, has undertaken an analysis of the Coalition’s costings, not couting the paid parental leave scheme.

He says there is still a significant gap between new spending promises, and the savings already announced.

Shadow Communication Minister Malcolm Turnbull and Federal Health Minister Tanya Plibersek have been on Channel Nine this morning, and Mr Turnbull has defended the Opposition’s costings.

He says Shadow Treasurer Joe Hockey will release all of the Coalition’s budget figures in the week before the election.

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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.

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