Labor threatens economy: Morrison

The Labor party is more interested in distractions than helping the economy, says Scott Morrison.

The Labor is more interested in distractions than helping the economy, says Scott Morrison. (AAP)

Treasurer Scott Morrison warns Bill Shorten presents a "triple threat" to the Australian economy.

Mr Morrison said Labor was engaging in "distractions and conspiracy theories" rather than setting out an economic plan.

"Labor presents a triple threat to our economy: higher deficit, higher debt and higher taxes," Mr Morrison told reporters in Brisbane on Tuesday.