But shadow treasurer Joe Hockey told The Australian Financial Review the process was becoming a sham and the Coalition would no longer respect the figures in either the economic statement or PEFO.The problem, as I understand it, is to do with revenue. The Coalition will promise to "fix" it by big spending cuts. In fact, the lower dollar will soon start to help the economy anyway.
Previously, he promised to release detailed costings of Coalition policies only when PEFO was released. Now, he said, that pledge may no longer hold.
“We’re not going to cop the Treasury being bullied by the government into producing PEFO numbers that are closely aligned to the government’s,” he said.
“If PEFO looms the same as the economic statement, then PEFO won’t be worth the paper its written on.”
Hockey seems to believe that Treasury wants to bend over backwards to accommodate just one side of politics; so much so that they will fudge figures for Labor. That is, surely, an enormous slur on public servants, and if Hockey (if Treasurer) oversees a clean out of Treasury, is it going to be staffed with Right wing twits who support this "Treasury is too politicised" guff? Why not put Judith Sloan in and be done with?
3 comments:
hockey's comments we on being so stupid they are catallaxian.
The problem with revenue is mainly structural and this was examined in two papers lately ,by the PBO and treasury.
Naaa wouldn't put judy there the peroxide is getting to her!
The coalition talks about individual responsibility and their treasurer in waiting can't even stop himself eating and needs potentially dangerous surgery to lose weight. Hypocrisy.
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