Portfolio Media Releases

Swan Confirms Labor Won't Comply with Charter of Budget Honesty

13-August-2010

Portfolio Media Releases, The Economy, Community, Funding

At his press conference this morning, Wayne Swan has confirmed that Labor won’t comply with the Charter of Budget Honesty, and that policies released after today, including those at Labor’s launch, won’t necessarily be costed by Treasury and Finance.

Swan: “...some of those may be, or may not be, costed.”

In fact, despite his shrill demands of the Coalition, Mr Swan refused to confirm that all of Labor’s policies released to date will be submitted by the end of today.

This is a display of breathtaking hypocrisy and demonstrates that Labor’s hysterical costing bleatings are nothing more than a smokescreen to hide the fact that Labor has no plan to end the waste and repay the debt – other than introducing great big new taxes on everything.

In 2007, Labor submitted 85 percent of their policies for costing  within 24 hours of polling day.

In addition, Mr Swan cut and ran from his press conference this morning after filibustering just half a dozen questions, to avoid having to answer whether he or his office leaked the alleged Treasury note to the Sydney Morning Herald.

Mr Swan cannot avoid answering this question, and must do so today.

Media Contact: Cameron Hill on 0408 239 521


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