News

Coalition 'fears policy theft'

Shadow treasurer Joe Hockey.
Shadow treasurer Joe Hockey. Lauren Reed

SHADOW treasurer Joe Hockey says the Coalition will be reluctant to unveil any savings measures in the wake of Tuesday night's Federal Budget for fear of policy theft.

Mr Hockey , speaking ahead of Treasurer Wayne Swan handing down his fifth Budget, mockingly said Labor had "no respect for intellectual property".

"The problem is, every time we announce a savings measure, the government steals it," Mr Hockey told reporters in Canberra on Monday.

"So frankly, I'm not going to do the heavy lifting for the government when it comes to savings."

The Coalition has been attempting in the lead-up to the Budget to convince voters that Labor will need to cook the books to deliver a forecast surplus.

On that front Mr Hockey was on message.

"Tomorrow night we just want the Treasurer to tell the truth," he said.

"Tomorrow night we want the Treasurer to give the full, unfiltered picture about the budget.

"He'll promise a surplus ... that will never be delivered.

"The challenge for the Treasurer is to stop the spin, stop fudging the figures and give a real assessment of the state of the budget."

Mr Hockey said the Gillard government had been sending mixed messages as budget speculation builds.

"Wayne Swan doesn't know if he is Santa Claus or the Christmas Grinch," Mr Hockey said.

"On the one hand the government's making large announcements, handing out money, and on the other hand, they're talking about tough cut backs."

Topics:  federal budget 2012, joe hockey




Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Countdown is on as Grafton PBR takes shape

Professional Bull Riders / PBR , Hervey Bay Seafront Oval - Troy Wilkinson on Unearthed. Photo: Valerie Horton / Fraser Coast Chronicle

Watch highlights from the previous round of the PBR at Fraser Coast

Thirsty Merc 'Back To Grind' after Shifting Gears

Thirsty Merc are performing in Yamba on Friday night.

Thirsty Merc's lead singer soldiers on post car crash tragedy

Home is where the heart is for The McClymonts

THE McCLYMONTS: Mollie, Sam and Brooke are coming home to play at the Saraton Theatre in August.

10 shows announced for 10 Years of Hits anniversary tour

Latest deals and offers

How a sacked real estate agent made $725k in four months

Agent is now under investigation by the industry watchdog

VIDEO: Art Deco fan pays $835,000 for Imperial Hotel

No Caption

Iconic "Impy" sold at a bargan price to bidder who loves Art Deco.

RBA warns of future apartment oversupply

Toowoomba: Crest Apartments and Burke & Wills, Ruthven Street ( view from Neil Street) Photo Bev Lacey / The Chronicle

RBA says oversupply of apartments poses risk to household finances