Abbott Must Submit Policies to Parliamentary Budget Office

30 May 2012

Todays appointment of Mr Phillip Bowen as the inaugural head of Australias first Parliamentary Budget Office means the Opposition has run out of excuses for not giving Australians properly costed policies.
Yet just this afternoon, Shadow Treasurer Joe Hockey said he would only give some policies to the PBO.
This is despite saying earlier this month that he wanted to submit the Oppositions policies to the Parliamentary Budget Office.
HOCKEY: ... we want to submit policies to it. In addition to other services, we want to submit policies to it for costing.

(ABC INSIDERS 6 MAY 2012)

Its time the Opposition comes clean with Australians about what they will services they will cut and how they will fund their promises.
Over the weekend, Andrew Robb boasted the Opposition had finalised and costed 49 policies for the next election.
If this is the case, then they should no problem submitting them to the new independent Parliamentary Budget Office to have them accurately costed.
This is an advantage no Opposition has had before and no Opposition has needed the help of a Parliamentary Budget Office more than Tony Abbott and his economic team.
Who can forget the last election when the Opposition was found to have a $11 billion black hole in its election costings, and the audit firm they used was subsequently fined for professional misconduct?
And since then, both the Shadow Treasurer and Shadow Finance Minister have admitted to a $70 billion crater in their budget position and had immigration policy costings prepared by a catering company.
Mr Abbotts continued refusal to publicly release his policies and explain how he plans to pay for his promises shows he wants to keep Australians in the dark.
He arrogantly assumes he can coast into government without having to tell Australians how much his policies will cost and how he intends to fund them.