AAP General News (Australia)
12-01-2011
FED:Oppn has no economic credibility:Wong
Finance Minister PENNY WONG says the opposition's economic credibility is in tatters
after the accountants who costed its 2010 election policies were found to have breached
professional standards.
A tribunal of the Institute of Chartered Accountants fined two Perth-based accountants
five thousand dollars each because their costings of coalition policies failed to contain
statements including one saying the procedures performed don't constitute either an audit
or a review.
Senator WONG says opposition treasury spokesman JOE HOCKEY has yet to get his costings
right, and while he now has to find 70 billion dollars worth of cuts, he won't tell people
what he's going to cut.
She's urged the opposition to provide proper costings through either Treasury or the
new Parliamentary Budget Office, and anything less than that is a sham.
AAP RTV cb/klm/wf
KEYWORD: BUDGET (CANBERRA)
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